your bank account

[Jace]

The Australian govt recently siezed around $10 million from a few accounts set up by non-Australian nationals, as they were just putting money in and not taking any out, meanwhile couldn't account for where it came from. While this happens a fair bit under money laundering laws, this time it was under a new law, which doesn't mention money laundering at all, and basically just says that if the govt sees due to cause to empty your account, they can.

There was a fair bit of press about it for a while, so wonder how many Asian investors in the same boat in Aus repatriated all their funds back to Asia?