Banking Royal Commission
Published on Jul 18, 2018
Ross McNaughton, strategic services general manager at National Australia Bank, is being questioned over NAB allowing a Queensland grazier's debt to balloon to A$7.8 million from A$3.3 million by imposing punitive default payments over several years of drought and crashing prices.
Recorded on 29 June 2018 at the Brisbane Magistrates Court.
Witness statement: https://bit.ly/2uqt4qF
Testimony held during the fourth round of public hearings on issues affecting Australians who live in remote and regional communities at the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.