A lifelong employee of the Reserve Bank of Australia will be sentenced on Friday, having pleaded guilty to a charge of false accounting.Clifford John Gerathy, of Maroubra, will be the latest executive of Securency (owned by the RBA, via Note Printing Australia) punished by Australian courts over his part in what became known as the banknote bribery affair, relating to payments of commissions to agents in offshore markets.Gerathy began his working life in the bank supervision department of the RBA in the late 1960s.He has admitted to a charge that, "at Craigieburn in Victoria and other places, on or about 12 July 2006, [he] dishonestly and with a view to gain for another, falsified a document made or required for an accounting purpose."Tony Thomas, for Gerathy, told a plea hearing before Justice Kevin Bell at the Supreme Court of Victoria yesterday that: "We say his motive was to assist his employer in its commercial activities." Thomas summarised more than a score of character references handed to the judge, many centred on Gerathy's decades of voluntary work the local surf lifesaving club, where he continues to train boat crews.Gerathy is dealing with multiple medical matters his barrister, Tony Thomas, told the court. These include "diffuse" tumours in both lungs and anxiety and stress bought on by the criminal charges. His client, having lost his job ten years ago, when legal matters escalated, had taken up factory work to make ends meet, Thomas said. "A sentence of imprisonment, wholly suspended, would certainly be open to you," Thomas told Justice Bell, while also advocating for a fine.Bell, at the conclusion of the hearing, told Gerathy, that any sentence, "if custodial, it will be suspended. You will not be going into custody."