The corporate monitor is accusing the bank of manipulating the market.
The Coalition says the move by shows the system is working.
But as this report shows, Labor and the Greens say it reinforces the need for a royal commission into the banks.
NAB to fight ASIC court case on 'rate-rigging'
The National Australia Bank (NAB) says it will fight an Australian Securities and Investment Commission (ASIC) Federal Court case on so-called "rate-rigging." Image: National Australia Bank now in ASIC's sights (AAP)
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