Tuesday, December 13, 2022

ASIC taking past and present Star Entertainment directors, executives to court

Corporate regulator ASIC is taking eleven current and former directors of The Star Entertainment Group to court alleging they failed to manage money laundering risks at the company's casinos. 

Read ASIC's statement here

ASIC's legal action comes after inquiries in New South Wales and Queensland uncovered evidence of alleged money laundering at Star and links to criminal associations.

I speak with ASIC deputy chair Sarah Court about the case, but also ASIC's decision not to pursue Star rival Crown Resorts.

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