Fifty-five million helpless Australian dollars will be given a new home in Cambodia, after a diplomatic arrangement was struck between the two countries.
Immigration Minister Peter Dutton said there was no place for the money in Australia and that the agreement was a chance for the currency to start afresh.
“We’ll also be providing additional funds and support to ensure the money settles into the country seamlessly,” he said.
A spokesperson for the Cambodian Government – known to be one of the most corrupt in the world – said the money would be warmly welcomed in the country.
The notes will be transferred to a secure bank account in Phnom Penh this week.