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Transcripts for DW Business 20191126 10:41:00

$23000000.00 payments in breach of anti money laundering laws including the facilitation of offshore payments allegedly linked to child exploitation in southeast asia. just yesterday westpac c.e.o. brian hertz of told stuff it was not a major issue and that he intended to stay on but under pressure from the government and financial advisors he s capitulated and announced he would leave the post at the start of december the australian government welcomed his announcement $23000000.00 alleged break is of money laundering. and also track has said. that there was a level of indifference by say new management a lack of appropriate oversight by the pool. and i says to make. the bank in its court filing austrac said the oversight failure at westpac led to serious and systemic noncompliance with anti money laundering laws the regulator is

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