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Tuesday 13

November, 2018 7:48 AM



Prosecutors brace for potential bank cases

Prosecutors brace for potential bank cases

The Commonwealth Director of Public Prosecutions is locked in talks to secure additional funding, with money tied to financial crimes expiring next year.

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By AAP 23.10.2018 03:16 PM

Commonwealth prosecutors are locked in talks with the government to secure additional funding, as they brace for the potential fall-out from the banking royal commission.

Commonwealth Director of Public Prosecutions director Sarah McNaughton said the agency would need to "de-prioritise" some of its work if financial regulators referred on a large number of legal cases.

Ms McNaughton confirmed on Tuesday that she has been in discussions with the attorney-general and other ministers to ask for more funding, with money earmarked for a serious financial crime task force due to run out next year.

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