All the CBA directors will be looking at the Star NAB money laundering civil penalties against Directors case moving through the Courts as undertaken by ASIC.
If ASIC wins, the precedent set might greatly increase the risk for Directors of being on the Board of companies like CBA that are understaffed and lead to Australia’s villainous reputation as a haven for money launderers?
ASIC and AUSTRAC will have to get more resources better than a few third rate attorneys to make it stick but like SEC and FIINCEN received more money under subsequent Administrations, I think change is coming.
Ominous for CBA and even more ominous for CBA Directors and Execs.
CBA back to $45-50 again soon?, page-491
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Last
$142.75 |
Change
-0.180(0.13%) |
Mkt cap ! $238.9B | |||
| Open | High | Low | Value | Volume |
| $142.23 | $143.65 | $141.65 | $310.3M | 2.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2677 | $142.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $142.90 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |