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Australia's biggest lender under probe again

Government under pressure to act after bank is accused of huge breaches of anti-money laundering rules

Commonwealth Bank of Australia is also being sued by financial intelligence agency Austrac which alleges that criminals and terror financiers laundered millions of dollars through CBA accounts.


COMMONWEALTH Bank of Australia (CBA), the nation's biggest lender, has been hit with a public inquiry into its governance and culture - the second regulatory probe to be launched this month after it was accused of massive breaches of money laundering rules.

The move...

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