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BFCSA: Labor Senator Katy Gallagher slam-dunks Prime Minister Malcolm Turnbull’s protection of Scandal-ridden Major Banks

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A federal senator believes CommInsure’s report into declined insurance claims is offensive to the victims involved .... and is further proof of the need for a banking royal commission.

Labor Senator Katy Gallagher said in a statement that Prime Minister Malcolm Turnbull’s protection of the banks and his failure to call a royal commission into the banks is allowing CBA to brush off the CommInsure scandal with a ‘nothing to see here’ report.

“Publishing a report without interviewing a single customer is simply inadequate and offensive to the victims of this scandal,” Ms Gallagher said.

“Labor will continue to fight for a royal commission because we know it is the only way to shine a light on the misconduct and cultural issues in the banks that have led to thousands of Australians, including small businesses, being ripped off or treated unfairly by them.

“Malcolm Turnbull needs to stop protecting the banks and do what is in the interests of the Australian banking consumers and establish a royal commission.”

This is not only offensive to the victims of Comminsure but to every person affected by this crooked sector, in fact, to date the continuing cover-ups, talk-fests and repetitive inquiries are not only offensive - they are not actually changing anything and simply delaying the inevitable.


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