ANZ 1.21% $29.34 anz group holdings limited

shame anz shame, page-21

  1. 1,030 Posts.
    dw
    Your Point is good ..it goes to Duty of Care by ANZ

    Remember ANZ had the accounts which showed 20% related party transactions

    On one hand ANZ allow themselves to publicly endorseing the pre 2008 document

    Approved themselves to be Represented as Custodians

    and lend these people more than they lent on to the clients ..with the full knowledge that these people(Opes) were engaging in related party transactions..ie funnelling money out of the business

    At no point did ANZ share with any client the accounts

    nor did they reflect that as custodian they owed the clients a custodial duty
 
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