Media Release Statement Concerning Securency International Pty Ltd

Allegations have been made in The Age newspaper today that payments made to agents by Securency International Pty Ltd, a company in which the Reserve Bank is a shareholder, may have been used by the agents to pay ‘kickbacks’ to foreign government officials.

The Board of Securency has referred the matter to the Australian Federal Police.

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.

Enquiries

Media Office
Information Department
Reserve Bank of Australia
SYDNEY

Phone: +61 2 9551 9720
Fax: +61 2 9551 8033
E-mail: rbainfo@rba.gov.au