CBA 0.14% $134.58 commonwealth bank of australia.

Ann: CBA response to media reports on AUSTRAC civil proceedings, page-18

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  1. 176 Posts.
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    Incorrect the penalty unit is now $210 meaning $21 million per contravention

    Everyone is quoting the old penalty unit rate of $18 which is why people have the figure incorrect

    At a minimum this is going to be a $100 million fine on top of legal fees & costs

    Overall maybe CBA will be lucky if they can keep it to around a $250 million in total

    Any shareholders supporting payment of executives bonuses needs to take a good long look at themselves
    Last edited by Maddy707: 04/08/17
 
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