Casino giant Crown Resorts has terminated a controversial agreement where the billionaire James Packer was given confidential briefings unavailable to other smaller investors.
The move to limit the influence of Crown's biggest shareholder comes as the company faces an investor revolt at today's annual general meeting after admissions that executives may have "enabled" money laundering.
ABC's Peter Ryan says former Crown chairman Robert Rankin faces potential prosecution under the Corporations Act for allegedly failing to tell the Crown board about risks to local China staff who were later arrested.
I also speak with Thomas Oriti on ABC NewsRadio
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