NAB chairman quits News Corporation

The chairman of National Australian Bank (NAB) has quit as a director of News Corporation, as his NAB chair remains under siege.

NAB chairman quits News Corporation
Mon, 19 Apr, 2004 - 09:08

The chairman of National Australian Bank (NAB) has quit as a director of News Corporation, as his NAB chair remains under siege.

Kraehe's resignation from the News Corp board follows his February appointment to chairman of NAB following the bank's A$360m (€223m) foreign exchange trading scandal.

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