westpac has admitted that it has broken the law, it is agreed to pay penalties of 80 million us dollars and also compensation to the estates of its affected customers but all of this must first be approved ijy of this must first be approved by the court and in the meantime, westpac says that is hoping to resolve and correct these problems, but you may remember last year the bank was also in trouble when it was hit with a billion dollar fine, also in trouble when it was hit with a billion dollarfine, a record fine for australia s largest breach of its anti money laundering laws. thanks sarah, interesting story. am short more details will emerge later. now time for our ceo secrets, nish parekh runs a company that makes products out of the offcuts which garment makers throw away. the goods are designed
marcos sefcovic says he hopes they ll form the basis for talks with the uk. the protocol avoids a hard border on the island of ireland by keeping northern ireland in the eu s single market for goods. but unionists argue it creates a trade border between northern ireland and great britain, undermining its constitutional position as part of the uk. natwest bank has pleaded guilty to failing to prevent alleged money laundering of nearly £400 million by one customer. the city regulator said natwest did not monitor the account of a bradford based jeweller which was shut down following a police raid in 2016. it is the first time a uk financial institution has faced criminal prosecution under anti money laundering laws. today marks the 20th anniversary of us airstrikes against al-qaeda in afghanistan following the 9/11 attacks the start of two decades
natwest bank has pleaded guilty to failing to prevent alleged money laundering of nearly £400m by one customer. the city regulator said that s take a look at the headlines. natwest did not properly monitor energy bills could be set to rise by the account of a bradford based jeweller, which was shut down hundreds of pounds next year because following a police raid in 2016. of a big increase in wholesale it s the first time a uk financial prices, and it is causing concern institution has faced criminal about the cost of living. natwest prosecution under has pleaded guilty to three counts anti money laundering laws. of failing to prevent alleged money our business correspondent ramzan laundering worth nearly 400 million. karmali is with me now. the bank is the first british lender at the very least, for a major to admit such offences. the legal international brand associated with requirement for social distancing this country, it s very, very bad and bars, cafes and restaurants in northe
her baby s soul. to failing to prevent alleged money laundering of nearly £400m by one customer. the city regulator said natwest did not properly monitor young mother as she tries to save her baby s soul. yes, to be honest with ou, the account of a bradford based her baby s soul. yes, to be honest with you. i her baby s soul. yes, to be honest with you. i am jeweller, which was shut down her baby s soul. yes, to be honest with you, i am not her baby s soul. yes, to be honest with you, i am not seeing - her baby s soul. yes, to be honest| with you, i am not seeing anything but i can imagine. i following a police raid in 2016. it s the first time a uk financial institution has faced criminal with you, i am not seeing anything but i can imagine. but i can imagine. i think we are havint but i can imagine. i think we are having some but i can imagine. i think we are having some problems - but i can imagine. i think we are having some problems with - but i can imagine. i think we
the white house. that often happens. you meet in washington. you stay in washington. swamp. when i coined the phrase swamp that s what i was talking about. we need to drain the swamp. jesse, i don t know if selling art is a bad thing because i have a feeling you and i will be doing this in the next 10 years. we ll be doing blow blow art. or vacation bible school we should probably do both. one before the other. do you consider me a petty feeling. perhaps. would you mind if i act a little petty? please do. last week i said on this show that hunter selling his blow art, i don t know to a russian billionaire for half a million was violating the spirit of campaign finance and potential, i don t know, laundering laws, bribery statues, whatever, did it make waves? no. the ethics expert for joe biden said it and everyone goes, oh,