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Westpac, Hartzer must explain AUSTRAC failings

Brian Hartzer must urgently respond to allegations it failed to properly manage systems to help identify suspicious payments around child exploitation.

They are the two words stemming from the AUSTRAC case against Westpac that chief executive Brian Hartzer urgently needs to address, and they could stain the reputation of Westpac for years to come.

Child exploitation.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p53cba