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McCrann: Westpac CEO and Chairman must go

The Prime Minister says Australia’s banking sector must “lift its game” following allegations of criminality.

Westpac is facing legal action after it failed to properly monitor its money transfer system, which may have funded child porn.

About 20 million breaches occurred over the past five years.

Herald Sun business writer Terry McCrann told Oliver Peterson Westpac’s CEO and chairman need to resign.

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