Thursday, November 21, 2019

Westpac boss Brian Hartzer under pressure over money laundering scandal

Prime Minister Scott Morrison says the Westpac board needs to consider the future of its chief executive Brian Hartzer after the banking giant reels from the latest money laundering scandal. 

While Mr Hartzer is refusing to resign, the former ACCC chairman Allan Fels says members of the Westpac board might need to go as well. 

Professor Fels tells ABC's Peter Ryan that the financial crime agency Austrac might have been slow in prosecuting the breaches.

Here's my report from The World Today

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