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The Reserve Bank’s note-printing business has been accused of bribing Indonesian officials in order to win a 1999 contract for printing 500 million 100,000-rupiah notes.
An investigation by The Age and Four Corners found that as much as 50 trillion rupiah may have changed hands.
The tainted notes have a street value of $11.90.
It is believed that an intermediary approached Bank Indonesia officials waving money around and claiming “you know my good friend Sultan Mahmud Badaruddin II or whoever this dude on the money is.”
Australian-designed banknotes contain a number of security features, including saving all the faxes about bribes so you can give them to a journalist later.
