Haris Onn Hussein is well connected – his cousin is the  Prime Minister of Malaysia, Najib Razak, and his brother is Home Affairs  Minister Hishammuddin Tun Hussein, who is expected in Canberra soon to  sign the deal under which Australia will transfer 800 asylum seekers to  Malaysia and accept 4000 refugees in return.
By Richard Baker and Nick McKenzie, The Age.Melbourne
THE Reserve Bank firm Securency hired a company owned by a close  relative of Malaysia’s Prime Minister and Home Affairs Minister – the  two men with whom the Gillard government is negotiating to swap asylum  seekers – to help win banknote contracts.
The revelation comes amid growing sensitivity within the federal  government about the Australian Federal Police investigation of  Securency and the potential for Australia’s international relations to  be harmed if foreign officials allegedly linked to the RBA firm’s bribes  are named.
The Age has learned that Securency signed Kuala Lumpur firm Liberal  Technology as its Malaysian agent in 2009. The biggest individual  shareholder in Liberal Technology is businessman Haris Onn Hussein.
Haris Onn Hussein is well connected – his cousin is the Prime  Minister of Malaysia, Najib Razak, and his brother is Home Affairs  Minister Hishammuddin Tun Hussein, who is expected in Canberra soon to  sign the deal under which Australia will transfer 800 asylum seekers to  Malaysia and accept 4000 refugees in return.
Securency hired Haris Onn Hussein in the hope he would offer it access to, and influence over, Malaysia’s top politicians.
It is a common in parts of Asia for the relatives of politicians to be hired by foreign companies as agents.
The Age understands that some officials in the Department of  Foreign Affairs and Trade and other agencies are keen for the AFP not  to identify certain foreign dignitaries or their relatives who are  alleged to be linked to Securency in order to protect Australia’s  broader overseas interests.
Securency, half-owned and supervised by the Reserve Bank, has for two  years been investigated by the AFP and the British Serious Fraud Office  for allegedly bribing public officials in Vietnam, Indonesia, Malaysia  and Nigeria to win banknote supply contracts.
Under Australian law, it is a criminal offence for a company or  individual to pay, or offer a benefit to, a foreign government official  or their close relatives to obtain a business advantage.
Australia is yet to prosecute a foreign bribery case, but Securency –  which has four RBA-appointed directors on its board – may be the first,  given the two-year AFP investigation and the arrest and questioning of  some employees and agents last year. No charges have yet been laid.
Haris Onn Hussein and Hishammuddin Tun Hussein are political royalty  in Malaysia. Their father, the late Tun Hussein Onn, was Malaysia’s  prime minister between 1976 and 1981. He was succeeded as prime minister  by Mahathir Mohamad. Their grandfather, Dato Onn Jaafar, was the  founder of Malaysia’s ruling United Malays National Organisation  political party.
Hishammuddin Tun Hussein is vice president of UMNO.
Haris Onn Hussein owns shares in or sits on the board of several  companies that have benefited from Malaysian government concessions.
In 2006, the Malaysian finance ministry told cigarette and alcohol  manufacturers that they would need to buy security labels provided by  Haris Onn Hussein’s Liberal Technology to legally sell their products.  Haris Onn Hussein is also associated with a company given a 34-year  concession to operate a major Malaysian toll road.
Under Securency’s corporate structure, its board should have been  informed and approved of Mr Haris Onn’s company being signed as an  agent.
The Age can also reveal Securency engaged Malaysian state MP  and a former UMNO branch treasurer, Dato Abdullah Hasnan Kamaruddin, as  another agent. Mr Kamaruddin was the UNMO party treasurer in Dr  Mahathir’s home state of Kedah, a position that gave him substantial  influence.
Despite engaging the extremely well-connected Liberal Technology as  agent in 2009, Securency is believed not to have won any further  banknote supply contracts.
The company won its last major Malaysian contract in 2004. At that  time, Mr Razak was the country’s defence minister and Hishammuddin Tun  Hussein the education minister. It also won a smaller contract in 1998.
The Age is not suggesting Mr Razak nor Hishammuddin Tun Hussein were involved in Securency’s deals.
The company’s 1998 and 2004 contracts involved another Malaysian  agent, businessman, arms broker and former UMNO official, Abdul Kayum  Syed Ahmad.
He has since been arrested and questioned by Malaysia’s  Anti-Corruption Commission over the Securency deals and his use of  commissions paid by the RBA firms.
The AFP began investigating Securency in May 2009 after The Age  revealed its payment of tens-of-millions-of-dollars in commissions to  politically connected middlemen to win contracts in Nigeria, Vietnam and  India.
The company wired millions of dollars into tax haven bank accounts in  an effort to conceal the beneficiaries of its payments in an apparent  breach of the RBA’s rules.
The AFP and Britain’s Serious Fraud Office have conducted several  raids on the offices of Securency and its British half-owner, Innovia  Films. Properties owned by serving and former executives and agents have  been raided and several arrests made. No charges have been laid yet.
Securency’s managing director, Myles Curtis, and chief financial  officer, John Ellery, were forced out of the company in March last year.  Securency’s deputy chairman, English businessman Bill Lowther, resigned  in October following his arrest by the Serious Fraud Office.
RBA governor Glenn Stevens has defended his bank’s appointees who  have chaired and sat on the Securency board since 1996, telling a  federal parliamentary committee in November that he had not seen any  evidence to suggest they had acted inappropriately.
The RBA plans to sell Securency.
EDITOR’S NOTE:    
     
Dato’ Haris Onn Bin Tun Hussein is also a Director of Scomi Berhad
Dato’ Haris Onn, a Malaysian, is an Independent Non-Executive Drector  of the Company and was appointed to the Board on 5 April 2006.  Dato’  Haris Onn graduated from Cambridge University, United Kingdom, with a  Bachelor of Art Degree in Economics.  
Dato’ Haris Onn started his  working career with Touche Ross & Co, London, an accounting firm, in  1989.  In 1992, Dato’ Haris Onn returned to Malaysia to work with D  & C Sakura Merchant Bankers Berhad (now known as RHB Investment Bank  Berhad) and he subsequently joined Rohas Sdn Bhd as the General  Manager.  Dato’ Haris Onn then became a director of Bell & Order  Berhad (now known as Scomi Engineering Bhd) in 1996.  Currently Dato’  Haris Onn is the Managing Director of Konsortium Lebuhraya Utara-Timur  KL Sdn Bhd and the Chairman of Lembah Sari Sdn Bhd (formerly known as  Liberal Technology Sdn Bhd).  Other Malaysian public company in which he  is a director is Shangri-La Hotels (Malaysia) Berhad.  
Dato’ Haris Onn is a member of Audit and Risk Management Committee of the Board.
 

 
 
