Australia's Westpac says 'faults of omission' allowed exploitation payments
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SYDNEY/BENGALURU (Reuters) - Australia's Westpac Banking Corp said an internal investigation had concluded that child exploitation payments made through its system were the result of "faults of omission" and not intentional wrongdoing.In a bombshell lawsuit in November, AUSTRAC accused the bank of allowing 23 million payments that violated anti-money laundering protocols, including payments from Australians to known child pornography purveyors in the Philippines.The review by the nation's..