Was CBA asleep at the wheel while Petsec Energy’s (ASX:PSA) cash was siphoned by a Yemen terrorist group?
- Oil and gas explorer Petsec Energy (PSA) has reported $2.4 million was siphoned from its bank account by Houthi rebels in Yemen
- Allegedly, the illegitimate Houthi Minister for Oil and Minerals made a false claim for Petsec's cash
- Despite being fraudulent, this claim was honoured by Arab Bank, Qatar National Bank, and Australia's own Commonwealth Bank