RBA offshoot used prostitutes and bribes to win contracts: police witness alleges

australian-usd50-note-polymer-front

A Reserve Bank of Australia (RBA) offshoot used bribes and prostitutes to win banknote contracts with other central banks, a former employee of the firm told Australian media on Monday.

Securency, a joint venture between the central bank and Innovia Films, a UK film manufacturer, makes the polymer substrate used to make banknotes. It has been under investigation by the Australian Federal Police on allegations of bribery and corruption since last May. On Monday, a former employee who is a witness

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