Westpac chairman will retire early and it's Chief Executive Officer resigned after the Australian Transaction Reports and Analysis Centre (AUSTRAC) alleged that Westpac has committed 23 million fraudulent financial transactions that breached the money laundering and terrorist financing laws and it is seeking penalties.

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Austrac txheeb tau tias Westpac tau xa nyiaj txhaum cai txog 23 million zaus thiaj ua rau nws tus coj ua siab tawm lawm tab sis tseem tsis tau paub tias nws puas tseem yuav raug nom tswv Australia los yog tej consumers uas siv lub txhab nyiaj no npluas los yog foob li cas ntxiv.