Jeff Kennett Dumped By NAB Victims

Should a bank use an ex-politician to help compensate bank victims?

Summary: 

NAB "experiment" fails as bank's victims pull the pin on ex-Victorian Premier Jeff Kennett's role as a mediator. NAB CEO Andrew Thorburn thought it was a good idea at the time. Victims had their doubts but gave the process the benefit of the doubt. Before the Kennett determinations were made the nature of the negotiations had become clear. In a near unanimous decision the victims chose to revert back to dealing directly with NAB executives who have a much better understanding regarding the deep - inner workings of their bank. A great review of the situation from champion journalist Joyce Moullakis  - The Australian.

Article Information
Category: 
Banking Company: 
NAB
Author: 
Joyce Moullakis
Source: 
The Australian
Date First Published: 
1 Feb 2019
Posted By
Peter Brandson
Peter Brandson's picture

Bank Victims Horror Stories

From Extend RC Parliament Event
>> See ALL Horror Stories List

Bank victims, supporters and concerned citizens want to see...
ANZ CEO Shayne Elliott finally admits documents they used...
In the past bankers liked to present themselves as...
How low can a bank go? Setting up a farmer to strip the...

Recent News & Articles

War is a crime against humanity. On the 75th Anniversary of...
Morrison must lead effectively to save Australia from a...
It's time to kill the CASH BAN Bill. Many pollies are too...

Need Support?

Financial Help
Tips & Resources to help you avoid or manage financial difficulty...

>> read more 

Emotional Help
Financial stress is a major factor in depression and anxiety, if you are suffering you can get help...

>> read more 

Poll

Should bank CEOs and loan officers face asset seizures and jail terms for criminal banking practices?

Socialize with us

Join BRN -Take Action



               


Go to top