Westpac, has been aggressively recruiting prosecutors, lawyers and investigators from among the corporate regulator’s top brass, with at least 10 former senior ASIC figures in its ranks.

Key government officials, including Treasury Secretary Stephen Kennedy, refuse to back Treasurer Frydenberg’s unsubstantiated claims that the ASIC corruption review found no wrongdoing.

Westpac Group has failed to disclose to the ASX revelations that its superannuation and “wealth” arm BT is engaging in wholesale gouging of its customers - while ASX does nothing.

The head Westpac-BT "trustee" has resigned abruptly following revelations super members are being gouged $1.65 billion a year.

Super lobby group ASFA says “record returns” this year - but refuses to say how things went for Westpac-BT’s 900,000-plus members, who lost over $1.5 billion to systemic gouging.

The corporate regulator has taken zero action to stop Westpac’s wholesale gouging of superannuation accounts since it was formally alerted to the scandal over six months ago.