Saturday 12 February 2022

ACCC bank cartel case collapses

The CDPP has abandoned the criminal cartel case aganst Deutsche and Citibank and the individual defendants. Obviously the CDPP were not able to get their indictment over the line!

Looks like the banks will be going for their legal costs - I reckon they have a fairly good chance given the CDPP could not even file a valid indictment after trying for four years.

https://www.afr.com/chanticleer/accc-bank-cartel-case-collapses-20220211-p59vku

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