Alleged bribery by executives of the Reserve Bank subsidiaries Securency and Note Printing Australia extended to China, according to a report in the Australian Financial Review. Reporting on the committal hearings of several banknote executives, the paper said a witness claimed that money was paid to the relative of a Chinese Communist Party member. A claim has also been made that bribery in Indonesia reached as high as former President Suharto. The Supreme Court of Tasmania has wound up a debenture company, Braddon Investments and Finance, following an application by the Australian Securities and Investments Commission. Braddon contravened the Corporations Act by failing to enter into a trust deed and appoint a trustee before issuing debentures. Braddon had raised about A$5 million from investors.