NAB in the news again for all the wrong reasons busted this time by ASIC for ignoring 345 customers experiencing domestic violence, battling serious medical conditions and dealing with job losses being ignored by the bank. How many executives will go to gaol this time?
Or will it be like Westpac? NAB equity holders will just lose $40 billion AUD in value, the Federal court will fine them a $1 billion or so, no execs or Board Directors will go to gaol,
The Board Chair, Directors and execs will just lose their jobs and go over to somewhere else and get other ones?
when will ASIC, AUSTRAC and all the others create a deterrent and put these people in the dock and get them out of the industry forever?
when will the Government get rid of the Four Pillars Policy so that NAB and Westpac will go to the wall for such appalling behaviors?
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