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Faceless mega corporation laundering money for drug cartels and terrorists

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posted on Aug, 12 2017 @ 05:33 AM
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For at least three years , the Commonwealth Bank of Australia has
been busy laundering money for drug barons and terrorist organisations.
Austrac alleges there were some 53,700 contraventions of the Anti-Money
Laundering and Counter-Terrorism Financing Act which requires banks to report
cash transactions involving more than $10,000 each.

www.smh.com.au...
serious-breach-of-money-laundering-act-20170803-gxoirw.html

In a landmark case, Austrac said on Thursday it was taking action against CBA,
alleging "serious and systemic non-compliance" with the Anti-Money Laundering
and Counter-Terrorism Financing Act. The action alleges more than 50,000
contraventions of the act, mainly through intelligent deposit machines (IDMs),
a type of ATM that allows anonymous cash deposits


en.wikipedia.org...
(AUSTRAC) is an Australian government financial intelligence agency set up to
monitor financial transactions to identify money laundering, organised crime,
tax evasion, welfare fraud and terrorism

The Commonwealth Bank of Australia (the Group) announced its results for the
full year ended 30 June 2016 on Wednesday, 10 August 2016.
The Group’s statutory net profit after tax (NPAT) for the full year ended
30 June 2016 was $9,227 million,
www.commbank.com.au...

The maximum penalty for a breach of the money laundering act is $18 million
for each breach. With the bank facing 53,700 breaches it is potentially facing
a maximum penalty of a staggering $966 billion


Of course we all know that mega acehools won't pay %1 of that in penalties ,
so peeps , who can you trust ?
Executives had their bonuses cut , but they are still at the wheel of this
loose cannon !









posted on Aug, 12 2017 @ 05:35 AM
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As Clinton once said "what difference does it matter"



posted on Aug, 12 2017 @ 05:41 AM
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a reply to: musicismagic

Beltechexport was laundering money in Iraq. Later there was found an anti missile defense system in Lybia. So what's going on there?



posted on Aug, 12 2017 @ 05:51 AM
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I wonder if there is a "deferred prosecution agreement" system in place in Australia as there is in the US and possibly the UK too?
If so, expect a whitewash, no guilt assigned, lessons learned and a fine that will be largely tax deductible.



posted on Aug, 12 2017 @ 06:01 AM
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a reply to: eigor12




Beltechexport was laundering money in Iraq. Later there was found an anti missile defense system in Lybia. So what's going on there?
Its a complicated issue that can be termed "Rat Lines" George Webb www.youtube.com... has many vids uncovering how this is put together and who might be running the show in a neighborhood near you . A good site to sift through is www.truthleaks.org... for interviews and files associated with the operations . It was discovered that they even use large ship containers travelling under diplomatic cover to transport stolen high end cars that are stolen as well as weapons . In one case Silk Airways were hauling weapons to ISIS using diplomatic cover .

I made a small thread touching on it www.abovetopsecret.com...



posted on Aug, 12 2017 @ 08:03 AM
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It's the Californian based Rabobank banksters from Holland!

www.insightcrime.org...

Rabobank is the real scum of the earth.
You have Rothshild, Kim Jong Un and then Rabobank.

They settled over after they got caught in 2015.
Apperently it has been business as usual after that (why would banksters be afraid of anything like normal people) ... so the case has been re-opened.
There's your faceless, useless, criminal money laundering company.

The Rabobank used to be a farmers bank.
Guess where the drugs in Holland come from...
You guessed it, the same rural area the Rabobank comes from.

edit on 12-8-2017 by Daalder because: (no reason given)



posted on Aug, 12 2017 @ 08:37 AM
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a reply to: radarloveguy

Remember this

www.foxnews.com...



posted on Aug, 12 2017 @ 08:42 AM
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a reply to: radarloveguy


...a type of ATM that allows anonymous cash deposits

Hey, banks need more of those. Are you a drug cartel , need to make 'plausibly deniable' cash deposits into banks ?
Have we got a solution for you...



posted on Aug, 12 2017 @ 05:21 PM
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This is how HSBC got their start, (Laundering earnings from the opium trade), and they are still doing it as seen in the link provided by luthier.

Probably will get nothing more than a symbolic slap on the wrist.

We know who's really in charge...



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