The board of Crown Resorts misled investors in a release to the market and newspaper advertisement last year that claimed its most infamous high-roller gambling partner, Suncity, was controlled by a regulated Hong Kong firm
Mr Preston said he was "surprised" to learn about Crown’s ongoing relationship with the Chinatown agents but insisted it was not accurate to say Crown was still dealing with Chinatown itself."It’s a very different relationship from a junket representative to a junket operator," he said.
Mr Preston said Crown also continued to work with a junket associated with the Neptune Group, which was also named in the media reports as having Triad links.The Bergin inquiry was called by the NSW Independent Liquor and Gaming Authority after media reports revealed how Crown’s high-roller operations had partnered with suspected organised crime bosses, sex traffickers and money launderers to bring wealthy gamblers from China to Australia.
The inquiry has raised questions about Crown’s due diligence in partnering with Suncity.
The inquiry has also heard Crown received a due diligence report on Mr Chau in April 2016 that warned the US government considered him to be involved in organised crime, while a separate May 2016 dossier warned that he appeared to be a former member of the "14K Triad” in Macau under the leadership of notorious gangster Wan Kuok-koi, also known as “Broken Tooth Koi”.A number of law enforcement investigations into Crown are running in parallel to the Bergin inquiry.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crucial Crown witness 'un-cooperative', Obeid trial toldA crucial Crown witness at the trial of former mining ministers Ian Macdonald and Eddie Obeid has remained “outside the jurisdiction,” the NSW Supreme Court has heard | Kate_McClymont
Read more »
Crucial Crown witness 'un-cooperative', Obeid trial toldA crucial Crown witness at the trial of former mining ministers Ian Macdonald and Eddie Obeid has remained “outside the jurisdiction,” the NSW Supreme Court has heard | Kate_McClymont
Read more »
An Indigenous teenager was called a 'horrific' racial slur. She refused to stay silentA Sydney mother who spoke out about racial slurs made against her teenage daughter by elite private school students has received an influx of global support.
Read more »
Iconic role Aussie star lost to Liam NeesonScreen legend Jack Thompson was full of eye-widening film industry tales on Anh’s Brush With Fame – but there was one recollection from his lengthy career that clearly stung to think about.
Read more »
Migrants rescued by Banksy boat board coronavirus quarantine ship off Italian coastThe migrants rescued by Banksy's Louise Michel boat are among 352 others currently undergoing quarantine off the coast of Sicily.
Read more »