Rebel Australian Lawmakers Say to Force Wide-Ranging Banking Probe

Rebel Australian Lawmakers Say to Force Wide-Ranging Banking Probe
Australian Prime Minister Malcolm Turnbull reacts as he sits in the House of Representatives at Parliament House in Canberra, Australia, Oct. 23, 2017. AAP/Lukas Coch/via REUTERS
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SYDNEY–Rebel government lawmakers in Australia vowed on Monday, Nov. 20, to force a powerful inquiry into the country’s scandal-hit banking sector, further turmoil for Prime Minister Malcolm Turnbull as he languishes in the polls amid a citizenship crisis.

The threatened move is a major embarrassment for Turnbull, who has already rejected public and opposition calls for such an inquiry, and an unpalatable prospect for the country’s Big Four banks who hold a combined A$3.6 trillion (US$2.72 trillion) in assets.