CBA faces criminal charges over CommInsure scandal

  1. All4One
    17,482 Posts.
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    05/10/19
    11:37
    Post #: 40738949
    CBA to be prosecuted over criminal charges.



    CBA faces criminal charges over CommInsure scandal
    By business reporter Nassim Khadem
    Updated yesterday at 1:57pmPHOTO:

    CommInsure has been sold by CBA, but the bank is liable because it owned the insurance arm at the time. CommInsure denying heart attack claims due to outdated definition Australia's largest bank is facing 87 criminal charges over unscrupulous practices in its life insurance arm — the first major bank to face criminal charges following the banking royal commission.
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