Tuesday, June 1, 2010

OZ embassy responds to Securency

Monday, 31 May 2010
By David Boyle
The Phnom Penh Post

IN RESPONSE to allegations that a Melbourne-based currency producer had engaged in graft in Cambodia, the Australian embassy in Phnom Penh said Sunday that the company’s executives had been warned of “Australia’s zero tolerance to bribery”, but that the embassy had not been in touch with the company’s local commissioning agent.
Last week, Australian Senator Bob Brown, leader of the Greens Party, said during a senate committee hearing that agents employed by Securency might have bribed local officials.
The company – a subsidiary of the Reserve Bank of Australia – manufactures polymer bank notes that are used in nearly 30 countries.

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