Australian banks - fraud central.

Discussion in 'Wall St. News' started by themickey, Nov 21, 2019.

  1. themickey

    themickey

    Australia just completed a Royal commission into Banking and the finance industry, where very high levels of ongoing fraud had been exposed.
    But prior that, the Australian prime minister Malcolm Turnbull said a Royal commission was not necessary.

    Well it still hasn't ended, now we have this just surface.....
    https://www.smh.com.au/national/max...s-set-to-turn-on-westpac-20191121-p53cxr.html

    "Westpac chairman Lindsay Maxsted has plenty of grumpy stakeholders to manage after the bank was accused on Wednesday of breaching Australia’s anti-money laundering laws no less than 23 million times."

    The level of corruption in high places in Australia will make your eyes water.
     
    Nobert and nooby_mcnoob like this.
  2. Common in current/former British colonies. They will tell you they are of the HIGHEST MORAL CHARACTER while they diddle kids and embezzle tax dollars.
     
    themickey likes this.