Thursday, May 31, 2018
NAB interrogates customer who claims bank sent him broke
National Australia Bank has cross-examined a business customer who says he was sent to the wall when the bank pulled in his debts at the height of the global financial crisis.
Ross Dillon who ran National Music sold his house to put $300,000 into the business but the NAB clawed back all the proceeds to pay off his outstanding debts.
ABC's Peter Ryan says it's the first time a bank has aggressively defended its actions during the hearings.
Here's my story from The World Today