How ANZ helped the Oswals set up in a ‘$314m’ Swiss palace
Leaked settlement deeds reveal just how far ANZ bank had to go to end one of Australia’s most high-profile court claims stemming from a spectacular corporate receivership.
High-profile Perth entrepreneurs Pankaj and Radhika Oswal extracted $169 million from ANZ in the 2016 settlement, according to documents leaked from Cypriot firms, which also reveal the bank helped pay their outstanding taxes. It ended a legal dispute that had dragged on for years and run into billions of dollars.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Manufacturing
Fetching latest articles