September 8, 2010
De La Rue staff falsify banknote paper reports
by Gill Montia
Story link: De La Rue staff falsify banknote paper reports
De La Rue has confirmed that some quality reports have been falsified by staff at its banknote paper mill at Overton in Hampshire.
The group produces currency paper for over 150 countries and irregularities over paper quality came to light in July.
Investigations resulted in some production being suspended and the resignation of De La Rue chief executive, James Hussey, in August.
According to a report in The Independent, the batch of currency paper in question was destined for the Reserve Bank of India, and the UK’s Serious Fraud Office has now become involved.
