CBA provides banking services to Nasser Mashni's Australian Palestine Advocacy Network despite indeterminate source of funds ,and use of funds; Nasser's Olive Kids reported to have provided funding to the Popular Front For The Liberation Of Palestine

 by Ganesh Sahathevan

                  CBA appears to have a very high risk appetite when it comes to its deposit taking business

The Commonwealth Bank (CBA BSB 063 for Canberra) )  provides banking services to Nasser Mashini's  Australian Palestine Advocacy Network  (APAN).

CBA  does so despite this statement from APAN's auditors (who stress that they onle reviewing, not auditing , APAN's financial statements)

                                                                              

That CBA would be prepared to take  the risk of  breaching  Know Your Customer/Anti Money Laundering rules is  astonishing, given the very recent incident where it paid an AUD 700 Million penalty for AML/KYC breaches. It is even more surprising given reports about Nasser Mashni's other charity, Olive Kids, and the Popular Front For The Liberation Of Palestine  terrorist organisation. 

TO BE READ WITH 

Australian charity sending money to Gaza organisation affiliated with terrorist group

November 09, 2023 - 5:21PM

Sky News can reveal Australians have been donating tens of thousands of dollars to an aid organisation in Gaza which has been accused of funnelling the money to a hardline Islamic terrorist group.

The charity ‘Olive Kids’, founded by Australia Palestine Advocacy Network President Nasser Mashni, is sending money to a Gaza-based health organisation that is claimed to be affiliated with the Popular Front for the Liberation of Palestine terror group, known as the PFLP.

Olive Kids’ Chairman told Sky News that Olive Kids was raising funds in Australia “to support orphaned children in the Occupied Palestinian Territories”.

“Every cent raised in Australia goes directly to support these children in their health and education,” he said.