What are the potential consequences for Westpac if breaches of company law are found?
Money-Laundering Fallout Grows for Westpac
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Business, Social Studies
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University
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Hard
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The video discusses the challenges facing Westpac, including investor dissatisfaction and regulatory probes following allegations of misconduct. It highlights the upcoming AGM and the pressure on Westpac's management. The video also examines the bank's failure to monitor 23 million transactions over six years, raising questions about IT systems and management accountability.
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What questions remain unanswered regarding Westpac's knowledge of the transactions?
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