Page 3 - Naomi Sharp News Today

With the directors’ club drowning in red tape these days, it’s understandable that due diligence should take a back seat.

Former Star casino boss Matt Bekier says he was not behind an article that cast doubt on evidence to an inquiry painting him as aggressive, insisting his own evidence to the probe has been truthful.

The former Star CEO also conceded to an inquiry he ‘let’ the ‘sharp practice’ of the casino’s controversial China UnionPay take place under his watch.

The Star casino’s chief financial officer has accused a Chinese debit card operator of knowing its cards were being used for gambling in breach of its own policy banning the practice until late 2019.

High roller withdrew $70 million over two years without The Star checking for money laundering.

The investigation in New South Wales into Star Entertainment continues this week. Executives are giving their testimonies about the casino operator's

This will include current acting boss of the company John O’Neill and directors Ben Heap, Sally Pitkin, Gerard Bradley, Katie Lahey and Richard Sheppard.

An inquiry also heard Star is yet to decide whether Alvin Chau is “of good repute” despite his arrest last November and other evidence of alleged criminal ties.

The Star Entertainment’s top in-house lawyer says he disagrees with bans, even if the casino knows that its mitigation of these dangers is not fully effective.

The Star’s top in-house lawyer concedes the Suncity cage posed a “significant money laundering risk” and could breach The Star’s casino licence.