Westpac, one of Australia's largest banks, hit with record $920 million penalty over money laundering scandal

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Westpac, one of Australia's largest banks, has agreed to pay a record-breaking penalty of nearly $1 billion for systematically allowing money laundering on its watch.

source https://www.cnn.com/2020/09/24/investing/westpac-fine-australia-intl-hnk/index.html

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