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They had already provisioned for most of it, the good thing was the judge telling them to put a line under it, the way it was going it would have trundled on for years. WBC tells AUSTRAC they have found more incidents, AUSTRAC saying thanks we will add them to the list and start again, well that is how it appeared.WBC gets the fine, fixes its proceedures/ I.T and AUSTRAC get a pat on the back, everyone is happy, except the shareholders.Now WBC can get back to helping the Government fix the pandemic mess, by assisting borrowers, then when that is over bank bashing can start again. ?
They had already provisioned for most of it, the good thing was the judge telling them to put a line under it, the way it was going it would have trundled on for years. WBC tells AUSTRAC they have found more incidents, AUSTRAC saying thanks we will add them to the list and start again, well that is how it appeared.
WBC gets the fine, fixes its proceedures/ I.T and AUSTRAC get a pat on the back, everyone is happy, except the shareholders.
Now WBC can get back to helping the Government fix the pandemic mess, by assisting borrowers, then when that is over bank bashing can start again. ?
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