CBA money-laundering drama is overblown
The hysterical reaction to an isolated 2012 coding error resulting in 53,000 delayed money laundering reports has been massively overblown.
Christopher Joye is a contributing editor to The Australian Financial Review. He is a leading economist, fund manager and policy adviser who has previously worked for Goldman Sachs and the RBA, and was a director of the Menzies Research Centre. He is currently a director of Smarter Money Investments.
The hysterical reaction to an isolated 2012 coding error resulting in 53,000 delayed money laundering reports has been massively overblown.
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