I can't believe that the Australian authorities are involved in this kind of corruption......doesn't really do much good for central bank credibility that this kind of thing happens!!
May 23, 2010
Sex, Bribes and Central Banking Down Under
According to this article, the firm responsible for printing Australia's banknotes - which is owned and supervised by the Australian central bank (the Reserve Bank of Australia) - has just been implicated in a scandal involving the procuring of prostitutes for, and bribing of, foreign officials (such as central bank governors) in order to win lucrative overseas contracts. What's worse, it seems from the outside that the Australian government is helping in the cover up by voting against the establishment of a parliamentary inquiry into the scandal.