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BANKRUPT BANKER

News & Star News Police question Cumbrian businessman as part of international corruption probe: "Yesterday the Serious Fraud Office confirmed that a 70-year-old man from Cumbria and a 75-year-old man from the Thames Valley had been arrested and later bailed.
Mr Lowther, 70, who was awarded an OBE for services to the packaging industry in 1991, is deputy chairman of Innovia Films in Wigton.
There was no answer at his Carlisle home yesterday.
The investigation is part of an international probe into “alleged improper practices” involving a firm jointly owned by Innovia and the Reserve Bank of Australia.
Innovia has confirmed that an Australian police investigation into the company, called Securency, has now led to Wigton.
More than 80 members of the Serious Fraud Office (SFO) carried out a string of dawn raids across the country on Wednesday."

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