CBA cops record $700m hit in AUSTRAC case

Commonwealth Bank will pay the largest fine in Australian corporate history after agreeing to pay $700 million to settle the money-laundering and terrorism-funding case brought by AUSTRAC. CBA has admitted to 53,700 breaches of anti-money laundering and counter-terrorism funding laws, bringing to an end a scandal that led to Ian …

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Drilling update ignites takeover target Tap Oil’s shares

Peter WilliamsThe West Australian Monday, 4 June 2018 1:25PM Camera IconTap Oil’s Manora project in the Gulf of Thailand.Picture: Tap Oil The share price of Thai-focused explorer Tap Oil has shot further past the takeover offer price of Risco Energy Investments on the strength of drilling results. Tap’s independent directors …

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Price-Purcell murdered over debt: Qld cops

Police believe Queensland man Sam Price-Purcell was killed over a debt but do not know his whereabouts despite charging a man with murder three years after his disappearance. Michael Jay Evans, 36, from Leyburn, was also charged on Monday with misconduct of a corpse. He faces a further allegation of …

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