David John Ellery, former chief financial officer of Securency, has pleaded guilty to false accounting for his role in inaccurately recording overseas payments to an agent engaged by Securency to obtain banknote contracts in Malaysia. Justice Hollingworth, passing sentence in the Victoria Supreme Court, said that Ellery had been fully aware of his misconduct as evidenced by his subsequent attempts to conceal what had occurred. Ellery was sentenced to six months’ imprisonment, suspended for two years.