Aaaannnd it goes a little something like this...
They will pay some massive fine (paid by the shareholders mind you), there won't be any criminal proceedings against responsible individuals and those that were responsible will end up with a nice fat severance package (again paid for by shareholders). Meanwhile the regulator meant to be monitoring this type of thing will get off scott free.
Jeez wizz if i knew corporate crime was so profitable & risk free in Australia i would have been laying on a beach in the cayman islands years ago!
Ann: Westpac acknowledges civil proceedings by AUSTRAC, page-71
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Last
$31.03 |
Change
0.120(0.39%) |
Mkt cap ! $106.7B | |||
| Open | High | Low | Value | Volume |
| $31.27 | $31.45 | $30.93 | $47.44M | 1.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 2391 | $31.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.04 | 1155 | 9 |
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| Last trade - 14.54pm 09/10/2024 (20 minute delay) ? |
| WBC (ASX) Chart |