Saturday 23 May 2009
STATEMENT BY BOB RANKIN
CHAIRMAN OF SECURENCY INTERNATIONAL
An article in The Age today has alleged that Securency has made payments to agents which may have been used to pay kickbacks to foreign government officials.
While The Age has not suggested that Securency has engaged in bribery, the Board of Securency views the allegations as serious. The Board has discussed the allegations with the Australian Federal Police, and referred them to the Police for investigation.
For enquiries, please contact:
Bob Rankin
Chairman
0434 565 730
Background
Securency International Pty Ltd is a joint venture between the Reserve Bank of Australia and Innovia Films, a UK based film manufacturer. It is headquartered in Craigieburn, Victoria.
Securency manufactures Guardian® which is the polymer substrate used in Australian banknotes as well as banknotes issued in 27 other countries around the world.
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