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3.13 – A Bank of Melbourne business customer testifies at the Banking Royal Commission

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Bradley Wallis, a former policeman and Westfield executive who took out a loan from Bank of Melbourne (a subsidiary of Westpac Banking Corporation) to buy a bed and breakfast business, gives evidence on how the bank used A$100,000 of his own money held in a term-deposit he was not able to withdraw from as a ""bargaining chip'' to get him to restructure the loan in the way Bank of Melbourne wanted.

Recorded on 24 May 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

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