The case for re-nationalising the Commonwealth Bank of Australia (CBA) is becoming stronger every day. The latest in a string of scandals to hit "Australia's leading bank" is the revelation the CBA is facing allegations that its Intelligent Deposit Machines (IDMs) were used by money launderers and criminal gangs to process millions of dollars in cash.
Commonwealth Bank of Australia
Stop Adani activists organised simultaneous protests at two branches of the Commonwealth Bank in Perth’s central business district on July 28, to highlight growing opposition to the CBA’s involvement with the Adani coalmine.
Activists rallied outside the bank’s main branch in the Murray Street mall and also occupied the Hay Street branch a block away.
The rally featured a human coal train chugging through the gathering, pulling carriages emblazoned with “STOP funding dirty coal STOP ADANI”. The bank reacted by locking its doors.