Specialist fraud, bribery and corruption team established in Perth
Monday, 5 September 2016
The Coalition Government has announced the establishment of a Perth-based specialist fraud and anti-corruption team that will prioritise foreign bribery investigations.
The team is a key aspect of the $15 million in additional funding provided to the Australian Federal Police (AFP) earlier this year to bolster Australia’s capability to respond to serious and complex fraud, foreign bribery, and corruption.
The funding commitment over three years enhances the AFP’s Fraud and Anti-Corruption Centre by providing an additional 26 specialist investigators, forensic accounts and litigators.
The newly-established Perth team is made up of six officers who will form multi-disciplinary investigations teams targeting foreign bribery, corruption and other serious financial crimes. New teams will also be located in Sydney and Melbourne.
A key objective of our Government has been to strengthen Australia’s existing governance arrangements by developing a whole-of-government policy on anti-corruption.
This new Perth team is yet another tangible demonstration of the Coalition Government’s commitment to combatting criminal behaviour in the corporate environment.
The creation of the Fraud and Anti-Corruption Centre in 2014 centralised the AFP’s existing fraud and anti-corruption efforts, and in 2015 we extended this by establishing the multi-agency Serious Financial Crimes Taskforce (SFCT) within the centre.
Australia has a reputation for fairness; we believe it is part of our national character. When Australian companies engage in unethical and corrupt behaviour overseas, this undermines Australia’s reputation of the nation of a fair go.
This is why the work of the AFP is so important to the Coalition Government, and indeed to the whole of Australia.
The Government is also looking at the legislative framework that allows investigators to tackle these crimes.
We’re currently examining deferred prosecution arrangements that will encourage corporations to work together with law enforcement to address corporate crime.
The Government is giving the right tools to the right people to address foreign bribery, which is why we’re so pleased to make today’s announcement.