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The Government faces allegations of a covert agreement with banks that could potentially save them billions, as revealed by documents obtained under the Official Information Act. Lawyer Scott Russell criticized the Ministry of Business, Innovation and Employment for consulting with banks regarding retrospective law changes impacting a class action against ASB and ANZ, while excluding him and the public from discussions.
Explain It To Me Like I’m 5: The government is being accused of secretly helping banks save a lot of money by changing some rules without telling the public or the lawyer involved in a big case against them.
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