rigging allegations 'But at the same time the scandals keep rolling out, mainly because of whistle blowers but of course you pursued Westpac like the ANZ over the bank bill swap rate rigging allegations' .what's the meaning of ' rigging allegations' here? thank you
Apr 23, 2016 11:24 AM
Answers · 6
To rig something is a synonym of to fix something, in the sense "to influence the outcome of (something, especially a race, match, or election) by illegal or underhand means".
April 23, 2016
Rigging = illegally fixing/cheating something to an unnatural or unusual state This is an extension of the verb "rig." Allegation = accusation = a claim that someone did something, usually illegal or wrong These are nouns based off the verbs "allege" and "accuse." Put it all together, it's saying that there are accusations (allegations) of someone fixing (rigging) the bank bill swap rates.
April 23, 2016
Allegations > Something that is said to draw attention to the fact that something improper or illegal has happened without proof that it is so . Rigging allegations > Things have been said , and they are about the rate of exchange been tampered or manipulated by some people, even though no proof to support what they said
April 23, 2016
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