Finance Minister tells NAB to respond to bombshell Ken Henry revelations

  • 📰 smh
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Mathias Cormann has called on the National Australia Bank and its former chairman Ken Henry to immediately respond to revelations they knew some of the bank's financial products were ripping off customers | CroweDM

based on leaked documents including minutes of meetings held between NAB directors and executives and their auditing firm EY.

“All those who were involved should explain themselves as part of restoring confidence,” Senator Cormann said on Friday morning. Senator Cormann left open the government response to Labor's call for a wider inquiry into whether the banks have acted on the royal commission findings, saying he would not make “ad hoc” comments on the matter.Labor MP Deborah O'Neill has called for a parliamentary inquiry into the auditing sector on the grounds the controversy around NAB and EY added to concerns about the management of conflicts of interest.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CroweDM EXPLAIN THEMSELVES! They SHOULD BE CHARGED WITH CRIMINAL FRAUD/THEFT! FFS if private person, small corporation, was stealing from customers, or Government THEY GO TO JAIL SO SHOULD bankers. Australia our politician s Lack courage. WON'T stand up for us! NAB criminals, LNP?

CroweDM Of course they knew as do the other banks they all know they just greedy grubs

CroweDM ...and when Ken Henry responds, what will Mathias Cormann do?,

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Unjust and illiberal': NSW Finance Minister attacks abortion bill'The only reason proponents of this law are rushing it through is that they know it doesn’t pass the pub test': NSW Finance Minister attacks abortion bill | AlexSmithSMH AlexSmithSMH the pub test? AlexSmithSMH only the religious nuts will stand in the way AlexSmithSMH he must be a Catholic stooge He should look at Phillipine Mexico n Brazil where they have too many unwanted kids Too many teens n no jobs so they go to gang life D security of society is ruined by warring gangs
Source: smh - 🏆 6. / 80 Read more »