Securency PTY Ltd
Peter Michael Chapman was sentenced on 12 May 2016 for making corrupt payments to a foreign official contrary to the Prevention of Corruption Act 1906.
Mr Chapman’s first court appearance was on 5 May 2015 at Westminster Magistrates Court. There he faced six charges under the Prevention of Corruption Act of allegedly making corrupt payments to an overseas official in order to secure contracts of polymer for his company, Securency.
This followed from an joint investigation by the Serious Fraud Office and the Australian Federal Police into the activities of the employees and agents of Securency International PTY Ltd and their alleged corrupt role in securing international polymer banknote contracts.
Outcome of criminal case
Peter Chapman was convicted of four counts of making corrupt payments to a foreign official contrary to the Prevention of Corruption Act 1906. He was acquitted on two counts.
Peter Chapman was sentenced to 30 months on each count, to be served concurrently. Due to time already served, he is serving the remainder of his sentence on licence. His conviction was upheld by the Court of Appeal on 31 March 2017.
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