NAB and CBA exposed over PNG money laundering

Bank of South Pacific CEO Robin Fleming is believed to be under pressure from the regulator to step down.
Angus Grigg National affairs correspondent The largest lender in the Pacific, BSP Financial Group, has been ordered to remove senior managers following breaches of anti-money laundering laws in Papua New Guinea, putting further pressure on┬áCommonwealth Bank of Australia and National Australia Bank to cut ties with the troubled institution. BSP,... more →
Posted in: Papua New Guinea