Dutton is the third senior elected official to go on the offensive against the country’s No. 2 retail bank after the financial crime watchdog accused Westpac of allowing payments between known child exploiters among 23 million transactions that violated anti-money laundering protocols. After the financial crime agency AUSTRAC made the allegations in a lawsuit against Westpac last week, Prime Minister Scott Morrison has called on the bank’s board to consider the CEO’s future, while Attorney General Christian Porter described the alleged breaches “off the charts”. …read more
Source:: Yahoo Finance