Saraceni returns fire on Bankwest

Embattled property tycoon Luke Saraceni has lashed out at Bankwest, saying it had a conflict of interest that "blinded rational decision making" with regards to troubled office development Raine Square.


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Good luck Mr. Saraceni . It is high time Banks such as the big four became accountable for their actions Bankers are only book keepers using other peoples money to their own end . They imagine themselves to be the entrepreneurs that progress business ,happy to give money when it is not needed but run scared when the heavy decisions are needed and use the position of protecting their shareholders as the excuse . And it is the shareholders money that allows them to extend litigation as and when it suits them. Class actions against Banks will grow further untill they are brought down to a lower pedestal of importance in projects that contribute to the growth of industry.

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