Reserve Bank of Australia Officials In Evidence Cover-Up
Sydney Morning Herald gives us this rather small and quiet article about Australia’s central bank covering up corruption. I suppose I should be glad they ran it, but it should be headline news.
SOME of the Reserve Bank’s most senior officials were involved in covering up extensive evidence of corruption at the central bank’s subsidiaries, Note Printing Australia and Securency.
An investigation has found top Reserve officials suppressed damaging information in 2007 and 2008 about the payment of secret commissions to middlemen hired by the Reserve firms to win bank-note contracts in Nepal and Malaysia.
Among officials who knew of the serious corruption concerns are the deputy governor Ric Battellino, a former deputy governor, Graeme Thompson, and former NPA boss Chris Ogilvy.
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