CBA Lies & Cheats To Limit Compo Payments

Jig's up for Narev and his dodgy compo scheme

Summary: 

After running the program for 14 months, the bank has only compensated 19 customers less than half a million dollars – despite receiving over 8000 requests for file reviews from clients. Financial planning scandal will lead to bankers leaving the industry. Trust has been destroyed. Lack of trust in banks and governments will lead to economic stagnation. Too much - has been stolen from too many - for too long. This will contribute to the next financial crisis.

Article Information
Category: 
Banking Company: 
CBA
Bank Malpractice Type: 
Predatory Lending
Corruption
Unconscionable Conduct
Author: 
Adele Ferguson & Sarah Danckert
Source: 
SMH
Date First Published: 
28 Oct 2015
Posted By
Peter Brandson
Peter Brandson's picture

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