House debates

Tuesday, 16 August 2011

Ministerial Statements

Economy

Photo of Adam BandtAdam Bandt (Melbourne, Australian Greens) Share this | Hansard source

to move:

That this House directs the Prime Minister to immediately establish a full and independent inquiry with:

(1) powers equivalent to a Royal Commission to investigate the bank note bribery scandal concerning the Reserve Bank of Australia, Securency and Note Printing Australia; and

(2) terms of reference that require it to investigate and report on at least the following matters:

(a) allegations of corruption in securing note printing contracts and payments to overseas agents into offshore tax havens;

(b) what the Reserve Bank of Australia, Austrade and the Australian Government each knew about the alleged behaviour, and when they knew it;

(c) what due diligence was applied and what investigations were conducted into the allegations;

(d) whether there has been appropriate governance by public institutions and companies;

(e) what action has been taken to prevent improper dealings occurring again and whether that action is sufficient;

(f) recommendations regarding future actions that should be taken by government and agencies to prevent similar problems in the future; and

(g) any related matters.

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