Regulator · Australia

Federal Court of Australia

The court that found Star's former senior officers breached their duties and imposed the bans and fines.

Coverage

AUSTRAC court filing details alleged AML failures on four Entain accounts, including $57.3m turnover

A 640-page statement of claim lodged by AUSTRAC in the Federal Court, made public on 31 March, sets out alleged failures by Entain to flag money laundering and terrorism financing risks. It describes four accounts across Entain's brands, large deposits and withdrawals, and an affiliate partner whose criminal history was allegedly not disclosed. Entain says it will review the claim and has cooperated fully.

5m ago

ACMA & Regulation

Ex-Star CEO Matt Bekier banned six years and fined A$700,000 over Suncity junket failures

The Federal Court of Australia has banned former Star Entertainment chief executive Matt Bekier from managing companies for six years and fined him A$700,000. Former Chief Legal & Risk Officer Paula Martin received a seven-year ban and a A$400,000 fine. The penalties follow a March finding that both failed in their duties over Star's dealings with Macau junket operator Suncity.

7m ago