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Australia's CommBank accepts record fine in money-laundering case

Monday, June 04, 2018 - 01:43

Commonwealth Bank of Australia (CBA) has agreed to a record penalty of A$700 million ($529.3 million) to settle explosive money laundering charges brought by Australia's financial intelligence agency. Ed Giles reports.

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Commonwealth Bank of Australia (CBA) has agreed to a record penalty of A$700 million ($529.3 million) to settle explosive money laundering charges brought by Australia's financial intelligence agency. Ed Giles reports.

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Australia's CommBank accepts record fine in money-laundering case

Monday, June 04, 2018 - 01:43