Woolworths CEO threatened with jail time during senate inquiry into supermarket pricing

'If you do not know the answer, say you do not know', discussions in the Senate Inquiry into Supermarket Pricing became heated after Woolworths CEO Brad Banducci refused to answer questions about the grocery chain's profitability numbers.

[@Arrwmkr]

This is corporate arrogance, just lock him up

[@soarmilo2703]

Take his money and lock him up

[@jonathanjones2270]

At his next eye test:
Optometrist: Mr Banducci can you tell me what the letters on the board say?
Banducci: I am not focussing on those letters

[@iThinkBiblically]

I think he should have been held in contempt.

[@peter_day]

My goodness that was painful to watch

[@DeltaEcho37]

Senator: what is the ROE?
CEO: I am trying to be very specifically BS’ng u but you are not getting it.

[@modernmelbourneman]

He would make a great politician !

[@matthewharris-davies8368]

Not the smartest CEO around.

[@Dreama40]

He knows what the ROE is, he's just to embarrassed to admit it because every Woolworths customer will know just how much they are being ripped off and he's trying to protect the share holders and his bonuses by being evasive. Anybody with half a brain can see right through this liar and thief. Lesson - DON'T SHOP AT WOOLWORTHS!

[@alexdubois1281]

Like extracting the rotten stub of a wisdom tooth.

[@cracknoir8397]

The greens senator destroying brad Banducci is priceless He knows exactly he didn't make CEO for nothing Nobody is worth 8 million per year !!!!!!!!! They sit in front of their computer watching profits turn over we ain't stupid !!!!!!!!!!!!

[@cjjackson4823]

I’ve never seen such an exquisite “you can’t make me tell you “ before

[@johncurtis9900]

Imagine him haggling over a $6 SANDWICH in double Bay. Horrendous values

[@markhuizinga4993]

Being the CEO of such a large company he would Absolutely know what the company made in total profit for 2023 !. It's so clear he was dancing around the question in order to avoid having to give a straight and clear answer. Take away a years wages from him and give it back to the people! The greed of these CEO's is always great!. Force them to live on $450 a week for a few months and see how they get on!

[@lac19951]

Politicians using every opportunity to run away and not take responsibility.

[@CreeedsHD]

this is kinda like when I ask my wife what she wants for dinner...

[@codeeater0]

I hear ya.

[@giannig5684]

😂

[@serenaung7285]

I don’t focus on it - on repeat x1000

[@StuartMurchie]

The bottom line is senator we buy a lettuce from the farmer for 29 cents,it cost him 25 cents to grow it,we sell it to the unsuspecting consumer for three dollars,you do the maths

[@max16]

That senator had the patience of a saint.

[@criztu]

Nobody at Woolworth expected the Australian Inquisition

[@randallgarrard5525]

Empty threats by powerless bureaucrats

[@renallen4873]

is this a monty python skit? this is hilarious.

[@xavierrose8208]

Just answer the question ffs

[@shanepattel8493]

That was painful

[@Golden-dog88]

wollies have sent a email to EVERY store nation wide not to talk about this with or infront of customers and if a customer asks they are to say “were all part of a team” well the team manager gets millions more then his teams mates

[@hangedcross-u2w]

.43s i dont know it, 2.58s i dont know what the number is specifically

[@geeky_gunner]

Nearly ten minutes to get a "don't know". FML jail him.

[@Zc2915]

Deflection tactics at its finest

[@Ubeacco]

Is anybody else here reminded of the Limmy sketch, YES OR NO?

[@lil-hawk3]

bruh 🤣🤣🤣

[@rabindra1990]

Great

[@1985evee]

A merry go round 🤦‍♀️

[@JPL243]

Where can I watch the full hearing?

[@meghalpatelmrmmeghs]

We do not focus on............😂😂😂
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We do not focus on........
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[@wrenchesinthegears]

I don't focus on that, I focus on where I can watch clips of the full hearing, that it what we focus on here at Woolworths

[@funk541]

Faulty towers gone wrong

[@ericsudarso7727]

Banducci look like roasted clown 🤣🤣🤣

[@jessriggio2603]

Hows bead supposed to walk out in public now everyone knows his face,answer, we dont care

[@krishnahariharan5611]

Shame banducci can't comprehend basic English

[@codylim1]

2:33

[@jessriggio2603]

Is that a south African accent ? Figures

[@user-vk7ik3sf3x]

You are all thief’s go chase the real estate prices

[@addamr2052]

Nice little mock up show to keep everybody happy .

[@randallgarrard5525]

Yep, spot on mate

[@addamr2052]

@randallgarrard, they must think people can't see through their little mock up show . It's actually an insult to people's intelligence .

[@randallgarrard5525]

Problem is mate is that most people don't see or don't want to see

[@MrMick737]

Complete Fw