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Commonwealth Bank sued for alleged money laundering breaches

Friday, August 4, 2017 - 05:50

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It faces over 53,700 alleged breaches of money laundering and terrorism financing laws.

Sydney

COMMONWEALTH Bank of Australia, the nation's largest lender, has been sued by the government's financial crime agency over 53,700 alleged breaches of money laundering and terrorism financing laws.

The civil case relates to Commonwealth Bank's automated cash deposit machines

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