There are multiple Supreme Court actions against Bankwest in NSW alone.
Banking Sector Senate Inquiry
Terms of Reference
Established 14 March 2012
a) The impact of international regulatory changes on the Australian Banking Sector, particularly including changes to liquidity and capital holding requirements;
Bankwest in Litigation- look at the matters Listed in supreme court NSW this week alone.
Find the cases via the court search buttons.To view this week's matters- click on the link below, type "bank of western australia" select date-"All Weeks" and then click the search button.
Search NSW Court
STATE BY STATE
CRIMES ACT 1900 - SEC 192G
Intention to defraud by false or misleading statement
192G Intention to defraud by false or misleading statement
A person who dishonestly makes or publishes, or concurs in making or publishing, any statement (whether or not in writing) that is false or misleading in a material particular with the intention of:
(a) Obtaining property belonging to another, or
(b) obtaining a financial advantage or causing a financial disadvantage,
is guilty of an offence. Maximum penalty: Imprisonment for 5 years.
CORPORATIONS ACT 2001 - SECT 184
Good faith, use of position and use of information--criminal offences
Good faith--directors and other officers
(a) are reckless; or
(b) are intentionally dishonest;
and fail to exercise their powers and discharge their duties:
(d) for a proper purpose.
CORPORATIONS ACT 2001 - SECT 182
Use of position--civil obligationsUse of position--directors, other officers and employees
(a) gain an advantage for themselves or someone else; or
Note 2: This subsection is a civil penalty provision (see section 1317E).
CORPORATIONS ACT 2001 - SECT 420A
Controller's duty of care in exercising power of sale
(a) if, when it is sold, it has a market value--not less than that market value; or
(b) otherwise--the best price that is reasonably obtainable, having regard to the circumstances existing when the property is sold.