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opes alleged statement, page-76

  1. 4,131 Posts.
    Mr Smith has been in the ANZ top job for less than a year, having unknowingly inherited the Opes Prime debacle from his predecessor John McFarlane, who was interviewed as part of the review.

    Mr Smith cleared Mr McFarlane of any blame for the current crisis.

    Mr Smith said he would have preferred to have known about the situation when he was considering taking the job.

    "Right. You know, I made my bed and I have to lie in it. I can't say that I am enjoying myself every day but you know, I still think we have got huge potential with this business," Mr Smith said.

    The ANZ review has been provided to the banking regulator APRA and the corporate watchdog ASIC.

    While it is being absorbed, the ANZ will continue to defend itself in a range of investor legal battles in relation to the Opes Prime collapse.
 
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