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Thursday, June 30, 2011

Former assistant Bank Negara governor to be charged

A former assistant governor of Bank Negara Malaysia is to be charged today at the Kuala Lumpur Sessions Court with receiving bribe totalling RM100,000 from a middleman in relation to the award of a contract to print polymer banknotes.

This follows a joint operation by the Malaysian Anti-Corruption Commission (MACC) and the Australian authorities over alleged discrepancy in the central bank to award the contract to an Australian firm.

The former assistant governor, Mohamad Daud Dol Main, 58, claimed trial to the two charges of accepting RM50,000 each.

He was arrested yesterday and brought to the Malaysian Anti-Corruption Commission headquarters.

The contract was to print RM5 polymer banknote by Note Printing Australia Ltd for BNM worth RM95 million.

It is learnt the Australian authorities are also charging a number of individuals related to the scandal today.

According to MACC, the Australian to be charged are Myles Curtis, John Leckenby, Mitchell Anderson, Peter Hutchinson, Barry Brady and Rognvald Mardrant.

This is the first time that Australian police are using the foreign bribery legislation introduced in 1999 to charge the accused.

Meanwhile, the middleman will face separate charges of offering him the bribe at the Shah Alam Sessions Court.

[More to come]

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