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July 19 (Bloomberg) -- Radius Christanto, an Indonesian businessman accused by Australia of conspiring with its central bank’s note printing units to bribe foreign public officials, won’t challenge his extradition, a Singapore court was told.

Christanto, 64, wants to go to Australia as soon as possible and isn’t suitable for regular prison while in custody awaiting transfer, his lawyer Hamidul Haq said today. Singapore District Court Judge Mathew Joseph extended Christanto’s bail and said he would decide on his custody conditions on July 25.

Christanto, who has lived in Singapore since 1989, faces two charges in Australia for his role in a conspiracy with Securency International Pty and Note Printing Australia Ltd, to bribe an unidentified foreign public official from December 1999 to February 2001.

At least nine former managers and employees at the Australian central bank note-printing unit and Securency were charged in relation to the bribing of officials in Malaysia, Indonesia, Nepal and Vietnam from 1999 to 2004 to win banknote printing contracts. The Reserve Bank of Australia in February agreed to sell its 50 percent stake in Securency.

Under Australian laws, a person convicted of bribing a foreign public official may be jailed for as long as 10 years.

Christanto had seven properties worth about S$25 million ($19.7 million) and S$15 million in cash in Singapore banks, according to a May 2012 ruling releasing him on bail of S$2 million. He is in poor health and suffers from a “myriad of heart ailments,” according to the decision.

The Singapore case is Public Prosecutor v Christanto Radius W/APP 5/2012. Singapore Subordinate Courts.

To contact the reporter on this story: Andrea Tan in Singapore at

To contact the editor responsible for this story: Douglas Wong at

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