CBA accused of 53,700 money laundering breaches

[bob10]

A Royal Commission is needed.

CBA accused of 53,700 money laundering breaches | The New Daily (http://thenewdaily.com.au/money/finance-news/2017/08/03/cba-austrac-money-laundering/?utm_source=Responsys&utm_medium=email&utm_campaign=20170803_PM_Update)

[bob10]

This is serious. The USA could get involved, with massive fines for CBA.

CBA's latest scandal makes royal commission 'inevitable' | The New Daily (http://thenewdaily.com.au/money/finance-news/2017/08/06/cba-laundering-royal-commission/?utm_source=Responsys&utm_medium=email&utm_campaign=20170807_TND)

[DiscoMick]

Happy to process crime money, allegedly.

[bob10]

Damage control: CBA board slashes pay of bank bosses | The New Daily (http://thenewdaily.com.au/money/finance-news/2017/08/08/cba-slashes-pay/?utm_source=Responsys&utm_medium=email&utm_campaign=20170808_PM_Update)

[bob10]

Com Bank was informed that drug gangs were laundering money, but took no action. In another twist, the bank wants the 53,000 charges rolled into one, because they claim it was one IT glitch. Things are looking very grim for Com Bank.

Treasurer seeking options to deal with CBA (http://www.msn.com/en-au/money/company-news/treasurer-seeking-options-to-deal-with-cba/ar-AApElVR?li=AA54Gb&ocid=spartandhp)

[bob10]

Time to put 'Australians' ahead of 'CBA shareholders' | The New Daily (http://thenewdaily.com.au/money/finance-news/2017/08/08/cba-money-laundering-credit-bubble/?utm_source=Responsys&utm_medium=email&utm_campaign=20170809_TND)

[bob10]

The photo that shows what happened when some of Fadi Ibrahim's $1 million went missing (http://www.msn.com/en-au/news/australia/the-photo-that-shows-what-happened-when-some-of-fadi-ibrahims-dollar1-million-went-missing/ar-AApR1Bq?li=AAavLaF&ocid=spartandhp)

[bob10]

The man who allegedly brought down the house of Ibrahim (http://www.msn.com/en-au/news/australia/the-man-who-allegedly-brought-down-the-house-of-ibrahim/ar-AApSJMm?li=AA4Znz&ocid=spartandhp)

[bob10]

Bank compensation bills for scandals hit $355 million (http://thenewdaily.com.au/money/finance-news/2017/08/13/bank-compensation-scandals/?utm_source=Responsys&utm_medium=email&utm_campaign=20170814_TND)

[bob10]

CBA: first money laundering, now ripping off the jobless | The New Daily (http://thenewdaily.com.au/money/finance-news/2017/08/14/cba-credit-card-scandal/?utm_source=Responsys&utm_medium=email&utm_campaign=20170815_TND)

[bob10]

Money laundering 101. Easy as.

The Netflix-approved guide to CBA's alleged money laundering | The New Daily (http://thenewdaily.com.au/money/finance-news/2017/08/18/money-laundering-explainer/?utm_source=Responsys&utm_medium=email&utm_campaign=20170819_TND)

[bob10]

CBA faces record-breaking class action over money laundering (http://thenewdaily.com.au/money/finance-news/2017/08/23/cba-maurice-blackburn-class-action/?utm_source=Responsys&utm_medium=email&utm_campaign=20170823_News_Alert)

[bob10]

ASIC handed CBA advanced copy of CommInsure Report (http://www.msn.com/en-au/money/company-news/asic-handed-cba-advanced-copy-of-comminsure-report/ar-AAqJCHR?li=AA54Gb&ocid=spartandhp)

[bob10]

I wonder why a Royal Commission hasn't been called. Would it uncover more , or would it be an expensive waste of time. This goes much deeper than face value.

CBA Scandal: bank faces massive foreign fines (http://thenewdaily.com.au/money/finance-news/2017/08/30/cba-scandal-foreign-regulators-weigh-big-fines/)

[bob10]

Commonwealth Bank in board shake-up (http://www.msn.com/en-au/money/company-news/commonwealth-bank-in-board-shake-up/ar-AAreuqM?ocid=spartandhp)

[bob10]

IMF Bentham gives the green light to CBA shareholder class action (http://www.msn.com/en-au/money/company-news/imf-bentham-gives-the-green-light-to-cba-shareholder-class-action/ar-AAriacc?li=AA54Gb&ocid=spartandhp)