Misconduct spotlight swings onto RBA
The Reserve Bank of Australia, its subsidiary Note Printing Australia and their associated entity Securency, are all back in the news.From Monday, May 14 there will the first of potentially multiple trials this year of the alleged operators of a bribes-for-business scandal that has claimed pleas and mitigation among accused. All those facing court - some ten years after the alleged offences - were once in the employ of the RBA.On May 8, a clutch of accused in corresponding trials will each have their day in the High Court of Australia. Any disdain by the court for facets of the build-up to a criminal trial could prove fatal for a number of prosecutions.Why is it that persons first accused a decade ago are only now facing their peers? That tale goes untold, by edict.The details of the most vital recent cases that set the scene for the approaching trial of Clifford John Gerahty remain suppressed by the Supreme Court of Victoria.Gerahty, the accused, is a former NPA sales agent working mainly in Asia.Public figures from abroad may be mentioned during the trial, fellow nationals maybe as witnesses.All this must unsettle the cabal running the Reserve Bank of Australia these last 40 years. Culture begins at the top, and that idea's getting a run thanks to the banking royal commission.The metaphorical co-defendant in this matter is the RBA.Search Hansard for a recent committee report - with the words bribery and Securency the two words to try in a search.Parliamentary privilege knocked away by the interests of a fair trial for the accused.