A corruption commission hears staff at Sydney's Star casino were suspicious when a staff member of property developer Huang Xiangmo withdrew $100,000 cash from a gambling junket.
A corruption inquiry has heard $100,000 cash was withdrawn from a gambling junket for Chinese billionaire Huang Xiangmo at Sydney's Star casino days before the NSW Labor party banked the same amount.ICAC is investigating whether the $100,000 donation circumvented NSW political donation lawsMr Huang funded the $5 million buy-in from which one of his staff made a $100,000 cash withdrawal
The commission today heard from The Star's group investigations officer Kevin Houlihan, who was asked to review the gaming records of large junkets set up for Mr Huang. The ICAC heard registered players had clearance to make chip or cash deposit and withdrawals while a junket was active. The casino took surveillance records which stated:"Due to the large amount of money involved this transaction [was] considered suspicious".Less than a week later, NSW Labor and Country Labor banked $100,000.
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