Kurt RWhen a bank lends someone many millions of dollars it is...

Kurt R

When a bank lends someone many millions of dollars it is reasonable to assume they have a very good understanding of the client and the clients business and model.

The clients assert that ANZ Custodians were fully aware of Opes and how it went about its client acquisition.

We are aware of several instances were ANZ execs attended Opes client meetings to support Opes

Affidavits exist , to the effect that ANZ jointly pitched or positively concurred with the Opes script ...that Beneficial Ownership was retained by the client

We assert ANZ was aware or should have been aware of the the above statements

It was not hidden ..it was openly on the 2005 FSG and Opes' Website and power points and literature

It was universal..

It doesn't matter if ANZ made an innocent mistake or was duplicitous ...at law and from the clients perspective , it makes little difference

If a Misleading and or Deceptive statement was made ...and ANZ did not take all steps to cease lending and stop the scheme it is legally entwined and culpable ..