Here's the real reason why Westpac is now in so much trouble! Having worked previously in banking for 5 years ( not Westpac) i am acutely aware of bankings lip service to whistleblower policy , but the reality is those who speak out get punished not rewarded...
Westpac removed compliance officer who reported breach
"Westpac Banking Corp's experienced anti-money laundering chief was told she didn't have the skills for the job and would have to take a more junior role after informing the bank that it faced the largest fine in corporate history, industry sources said."
https://www.copyright link/companies/financial-services/westpac-removed-compliance-officer-who-reported-breach-20191125-p53dqd
She should have been promoted , not demoted!
Ann: Westpac Board announces CEO and Board changes, page-53
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