australia , it is another country

3 Dec

london 8.03am 8.4C drizzling rain. sunday 2017

if u sometimes wonder how the snowflakes can get away with it, it is because the law allows them to. this report, in the times newspaper but reproduced in this jmb website, tells how it is. you can spend £2.7 million worth on an overdraft and not be responsible for it. at first i thought it might be fake news, but it was reported in the times newspaper, a supposedly reputable newspaper… unless it is not the times in uk, but some dubious publication in an obscure country… haha. well, since the times has a paywall, i cannot verify it. but what about the source, it must be reported in a australian newspaper, so why is there not a link to that paper? i googled it and found out it is not the first time that someone has got away with it.

(actually the forteantimes forum seems very interesting. i will bookmark it…the forum picked it up in dec 2016 and linked to a report of it dated 13 dec 2016. so it is old news.)

and it was in australia too. seems australian courts want to teach the banks a lesson, if u give someone a huge overdraft by mistake, than u take responsibility for it and pay up, rather than prosecute the person. perhaps courts all over the world should do that… 

 it seems the daily mail got a more full account. so the times is not exclusive in its coverage of this. no one linked to the australian paper that first wrote it up… i wonder why? surely they should give some credit to the original source of it all… over here, in uk, if big businesses make a mistake and do it, the law always side with them… so it is a nice change to see the australian court side with the small person instead of the big banks. 


2 Responses to “australia , it is another country”

  1. Garfield Hug Sunday December 3, 2017 at 8:44 am #

    It was reported in our local papers too. But interestingly in Singapore we have to pay back if anything like this happens. Just like if one finds a bag of monies…finders not keepers!

  2. alifesgayventure Sunday December 3, 2017 at 9:21 am #

    i think we should follow the australian court, make the banks pay for their mistake. so if they mistakenly put millions into your account, you should be allowed to spend it. but the law is biased towards big businesses.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: