The petition was predicated on the printing of the notes which were allegedly printed in Australia in a fraudulent deal, following which The Age, a local newspaper, reported that former workers at Securency, The Reserve Bank of Australia’s currency firm, had told the police the firm produced millions of partly made Nigerian bank notes without authorisation from the Nigerian authorities.
In effect, the former staff said that was counterfeiting. The newspaper reported that the Australian Federal Police had subsequently investigated Securency over alleged bribery of foreign officials, including Nigerian and Vietnamese officials, to win contracts in these countries.
HEDA’s petition, according to Mr. Suraju, drew attention to the fact that The Age reported that Securency paid some N750 million in bribes to some officials of the CBN between 2006 and 2008 in order to secure the contract to make polymer notes for Nigeria, channeling the bribes through Benoy Berry and Michael Harvey, two British businessmen.
HEDA chairman further claimed that ,“The petition reminded the anti corruption institutions of a publication of Sydney Herald that on September 29, 2009, a day before the launching of the N5, N10 and N20 polymer notes, Benoy Berry, one of the British businessmen sent a letter to Myles Curtis (then Managing Director of Securency International Pty Limited, an Australian company) alleging a breach of contract and accusing the bank note company of bribing top officials of the Central Bank of Nigeria to secure contract for Securency. He also accused Securency of breaching polymer-based mint planned to be established in Nigeria as part of principled objectives of transferring technology to developing nations.

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