As Morrison slams Westpac, anti-money laundering laws lag behind
The Morrison government's failure to tighten anti-money laundering laws has allowed billions of dollars each year handled by lawyers, accountants and real estate agents to potentially fund terrorism, drug trafficking and child exploitation.
Prime Minister Scott Morrision and his senior ministers have spent the week excoriating Westpac for its breaches of anti-money laundering laws, criticism labelled hypocritical as the government drags its feet on implementing tougher rules.
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