ANZ owns up to useless credit card insurance suit
High Court has no difficulty starting with parties’ $400k penalty suggestion.
Reweti Kohere
Fri, 12 Feb 2021
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ELECTIONS
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ANZ Bank New Zealand is expected to stump up hundreds of thousands of dollars after agreeing with the Financial Markets Authority to own up to claims it double-billed more than 300 customers for useless credit card repayment insurance.
In a hearing in the Auckland High Court today, Justice
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Reweti Kohere
Fri, 12 Feb 2021
Contact the Writer: reweti@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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ANZ owns up to useless credit card insurance suit
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