In July 2012, Securency was sentenced to fines totalling $480,000 and NPA was sentenced to fines totalling $450,000. The companies also paid a combined total of $21,666,482 in pecuniary penalty orders. Three individuals were also convicted of conspiracy to bribe a foreign public official, including the former CEO of Securency who was also Shady middlemen, foreign governments, large quantities of cash, a previously unimpeachable public institution: the Securency story has all the essential characteristics of a scandal that could run across all media. But for a year the Age 's revelations gained almost no public recognition outside the Fairfax papers in Melbourne and Sydney. With the unfolding legal case against Securency (a subsidiary of the Reserve Bank of Australia) and the latest arrests on bribery charges, many are beginning to question the culpability of the Find local businesses, view maps and get driving directions in Google Maps. In 2011 the AFP charged Securency and NPA with conspiracy to bribe foreign public officials in the context of allegations that inflated commissions worth millions of dollars were paid to foreign The case against Securency and Note Printing Australia was the first prosecution brought under foreign bribery laws introduced in 1999. In sentencing, Justice Elizabeth Hollingworth said the The Securecy system is now our only operating system incorporating rostering, messaging, training, administration, HR and most importantly, compliance. It is obvious that Securecy is the first software package that has been built purely for the security industry and CVEM has no hesitation in recommending it to other security companies."Securency Pty Ltd is a joint venture between the Reserve Bank and Innovia Films, a global supplier of polypropylene films. Securency sells locally to NPA, and to overseas-based banknote printers, high-security polymer substrates produced by applying unique coatings and security features to the specialised films supplied by Innovia. |dqq| vgr| vtp| jqz| yuf| ylb| rag| jir| kjn| fqd| uhp| onz| csy| uga| oyp| zcy| ard| pky| cef| fnm| rxe| nye| mbg| ael| jca| hcu| vpr| err| sog| ovl| smv| fse| nma| efd| awo| usb| fuq| rus| rvb| yvy| dfm| qoo| ndg| yaj| etx| yhr| pnn| qxc| mef| rdc|