Australia’s second-largest bank is accused of ignoring red flags and enabling payments from convicted child sex offenders in ‘high risk’ countries. Photo: Bloomberg

Westpac scandal: Australian bank ‘breached anti-money-laundering laws 23 million times’, watchdog claims

  • Australia’s second-largest bank is accused of ignoring red flags and enabling payments from convicted child sex offenders in ‘high risk’ countries
  • Lawsuit claims Westpac knew of ‘heightened child exploitation risks’ in Philippines and other Southeast Asian nations but took no action
Topic |   Banking & Finance

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Australia’s second-largest bank is accused of ignoring red flags and enabling payments from convicted child sex offenders in ‘high risk’ countries. Photo: Bloomberg
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