RBA subsidiary raids deeply troubling - Greens renew call for Senate inquiry

Media Release | Spokesperson Bob Brown
Saturday 21st November 2009, 11:48am

Australian Greens Leader Bob Brown says he will move for the third time for a Senate inquiry into the RBA subsidiary Securency and Note Printing Australia when the Senate resumes sitting this week.

Following the raids in Melbourne on Friday, Senator Brown said: "The political dimensions of this scandal need scrutiny while the police investigations in Australia and overseas proceed. At stake here is the reputation of the Reserve Bank itself because members of its board were in key positions of governance over the subsidiaries."

"The very troubling facts of this matter have been aired in The Age newspaper over many months. Both major parties have blocked my repeated moves for a Senate inquiry to look at these claims of criminal activity, tax havens and dubious international dealings worth tens of millions of dollars, now the subject of police investigation," Senator Brown said.

Senator Brown first called on the government to furnish the Senate with a considered response to the claims against Securency in June 2009.

Media contact: Peter Stahel 0433 005 727

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