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Knee-deep in blood - AMP feeds directors to baying crowd

Adele Ferguson |  08 May 2018  |  BankingRC

Financial giant AMP was wading knee-deep in blood on Tuesday as three more directors fell on their swords in the wake of damning revelations at the royal commission, including repeatedly lying to the regulator, deliberately ripping off customers and doctoring an “independent report”.

Mercedes

But unlike the usual blood spills which happen privately behind closed doors with shareholders politely warning boards of a protest vote if they don’t step down, this played out in full technicolour.

 


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