Westpac cops $1.3b money laundering fine

By Daniel McCulloch
Updated September 24 2020 - 11:36am, first published 11:34am
Westpac, led by Peter King, will pay a $1.3 billion penalty for breaching money laundering laws.
Westpac, led by Peter King, will pay a $1.3 billion penalty for breaching money laundering laws.

Westpac has agreed to pay a record $1.3 billion fine for major breaches of money laundering and terror financing laws.

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