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Bank Victims

Bank Victims

Prosecuting bankers is not enough—predators must be locked out

The Financial Services Royal Commission has accused CBA and NAB of crimes in relation to their gouging of superannuation accounts. Counsel assisting Michael Hodge QC concluded in a 223-page report released on 24 August that it is open to Commissioner Kenneth Hayne to find that CBA committed more than 13,000 crimes, and that NAB was in criminal breach of its duties under superannuation law.

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