Patut la hanya duit plastik RM5 saja yg sempat dicetak

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Minister ignorant of link to brother
Richard Baker and Nick McKenzie June 09, 2011

MALAYSIA's Home Affairs Minister says he had no idea a company associated with his brother was hired as an agent by troubled Reserve Bank of Australia firm Securency.

Hishammuddin Hussein- who is negotiating the asylum seeker swap deal with the Gillard government - also told Malaysia's Sun Daily newspaper this week that he did not think an Australian company would engage a company linked to politically-connected figures in the hope of furthering its business interests in Malaysia.

The comments came after The Age revealed Securency had hired a Kuala Lumpur firm called Liberal Technology as its Malaysian agent in 2009. Companies Commission of Malaysia records show the minister's brother, Haris Onn Hussein, to be Liberal Technology's largest individual shareholder.

The brothers are cousins of Malaysia's Prime Minister Najib Razak. Their late father Hussein Onn was Malaysia's prime minister between 1976 and 1981.

Securency is being investigated by the Australian Federal Police and Britain's Serious Fraud Office for allegedly bribing public officials in Vietnam, Malaysia, Nigeria and Indonesia in return for winning polymer banknote supply contracts.

The Age is not suggesting Liberal Technology, Hishammuddin Hussein, Haris Onn Hussein or Mr Razak have been involved with any of Securency's alleged corruption.

Liberal Technology released a statement on Tuesday denying Haris Onn Hussein was still a shareholder, claiming he sold his shares to other owners in September 2006. The company said Haris Onn Hussein had played no part in any dealings with Securency.

However, Liberal Technology's official corporate records obtained yesterday from the Companies Commission of Malaysia list Haris Onn Hussein as the holder of 180,000 shares.

The Age asked the company yesterday why its records still showed Haris Onn Hussein as a shareholder. It did not respond.


Banknote graft dragnet arrests ex-BNM assistant governor, 7 others
UPDATED @ 10:16:42 PM 01-07-2011
By Shannon Teoh and Shazwan Mustafa Kamal
July 01, 2011

KUALA LUMPUR, July 1 — A joint Malaysia-Australia swoop on a bribery scandal to secure bank note supply contracts has seen eight people arrested today including former Bank Negara assistant governor Datuk Mohamad Daud Dol Moin.
Australian federal police also arrested and charged two currency printing firms and six of their former senior staff with bribing foreign officials early this morning.

A sample of the RM5 bank note. — Picture courtesy of malaysianbanknotes.blogspot.com
Mohamad Daud faced two counts of corruption charges for accepting gratifications each amounting to RM50,000 from a businessman Abdul Kayum Syed Ahmad through a middleman as an inducement to assist Note Printing Australia Ltd to secure currency printing contracts for RM5 polymer notes from Bank Negara Malaysia.
Both Australian police and the Malaysian Anti-Corruption Commission (MACC) began investigating the case in 2009.
Last year, the MACC detained three individuals linked to the supply of RM5 polymer notes.
They were arrested following a report that Melbourne-based Securency International had offered bribes to officials in Malaysia.
All three, including a businessman, were charged with being paid RM11.3 million to secure the contract from Bank Negara and to ensure that the government of Malaysia opted for polymer notes.
Securency, based in Craigieburn, north of Melbourne, is half-owned by the Reserve Bank of Australia, the nation's central bank.
A recent report in Australian newspaper The Age said that Securency had hired a company chaired by the brother of Home Minister Datuk Seri Hishammuddin Hussein to help it win banknote contracts in Malaysia in 2009 as it could “offer it access to, and influence over, Malaysia’s top politicians”.
But the company, Liberal Technology Sdn Bhd, said that Datuk Haris Onn Hussein, who is also Prime Minister Datuk Seri Najib Razak’s cousin, had sold his shares in 2006.
The report noted however that Securency has not won any banknote contracts in Malaysia since its last major one in 2004 and said that it is not suggesting that Najib or Hishammuddin are involved with Securency’s deals.
Securency has previously secured contracts to print RM50 notes in conjunction with the Commonwealth Games in 1998 and the RM5 polymer notes in 2004.

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