Former Chairman of Innovia acquitted of corruption

On Thursday 5th December 2012 after a two-week trial at the Southwark Crown the former chairman of Innovia Plc and non-executive director of Securency Pty (Australia), was acquitted of conspiring with the executives of Securency and its Vietnamese agent to corrupt the Governor of the State Bank of Vietnam by organising and paying for the Governor’s son to do an MBA in Business Studies at Durham University. This was the first UK trial (Serious Fraud Office) in a worldwide corruption investigation concerning allegations of bribery by Securency, the world”s leading producer of polymer (plastic as opposed to paper) bank notes.

Alexander Cameron QC represented Mr Lowther.

6th December 2012