Money-laundering allegations have already cost Westpac a record $1.3 billion penalty in Australia, a piddling but unhelpful $737,000 fine in Hong Kong, and the resignations of a CEO (in Brian Hartzer) and a chairman (in Lindsay Maxsted). It’s rotten luck, then, that a newish director of its New Zealand board has recently concluded an executive career at SkyCity Entertainment Group.

Last December, AUSTRAC launched a civil suit for “serious non-compliance” with anti-money laundering laws against the Adelaide subsidiary of the Kiwi-domiciled company.