Pressure grows Westpac CEO after massive Australian money laundering scandal
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SYDNEY (Reuters) - Pressure mounted on the chief executive of Westpac Banking Corp on Thursday over the handling of Australia's biggest money laundering scandal, with the prime minister calling on bank's board to review his position. Australian regulator AUSTRAC is suing the country's No.2 bank for 23 million breaches of anti-money laundering laws including a failure to monitor and report payments between known child exploiters."These are some very disturbing, very disturbing transactions..