Business
ME Bank slapped with criminal charges – The Australian Financial Review
ME Bank has been taken to court and criminally charged with false and misleading behaviour and breaches of the Credit Act by the corporate watchdog.
Its the latest in a series of setbacks for the formerly industry superannuation fund-owned lender, which is on its way to its new owner Bank of Queensland following a $1.3 billion sale earlier this year.
Earlier this month the Banking Code Compliance Committee said it had sanctioned ME Bank for its actions last April, when the bank made unannounced changes to its redraw limits. The Code Committee sanctioned ME Bank for serious and systemic breaches of rules governing timely and clear communication…
-
Noosa News11 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General17 hours agoQueensland announced as 2027 Women’s Softball World Cup host in first Australian event since 1965
-
Noosa News20 hours agoInquest into Rosemarie Campbell’s death three days after gastric bypass surgery hears of ‘massive loss’ to family
-
General10 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain