Westpac's Criminal Activities Sanctioned At 2020 AGM! Gets... 2020 AGM: Chair John McFarlane-CEO Peter King
Westpac Investor's Motto: Commit Crimes, We'll Reward You!** WBC Chair John McFarlane-CEO Peter King Survive 3rd Strike, CEO Gets Pay Rise! Go Figure?
But It'll Get Lots Worse For McFarlane-King Combo In 2021 For Flw Key Reasons: 1. Westpac's Troubles with AUSTRAC have NOT finished 2. Westpac's Culture has NOT changed, with further breaches of The Corporations Act, Regulators simmering below surface 3. Westpac, together with Credit Corp (ASX:CCP)-Panthera Finance (aka CenterLink ROBODEBT infamy)-Financial Ombudsman/AFCA are all under investigation by Treasurer/Treasury via referral by Attorney General
** Fancy approving financial incentives for CEO when Investors' copped (a) Zero Dividend in 1st 1/2; (b) 1/2 of 1/2 Dividend in 2nd 1/2; (c) were "fed" promises of "regular" dividends in the future with no tangible evidence of HOW!!!
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