Casino operator SkyCity Entertainment has agreed to pay a $67 million penalty to settle a money laundering case against its Adelaide casino.
SkyCity told the market this afternoon that it has reached an agreement with anti-money laundering regulator AUSTRAC to resolve the civil proceedings commenced back in December 2022, which were related to historical non-compliance by SkyCity Adelaide with the Australian anti-money laundering and counter-terrorism financing laws.
The deal is subject to Federal Court approval.
SkyCity executive chairman Julian Cook said he was pleased to have reached an agreement with the regulator.
source
Today, the United States is taking decisive action to target the international networks that enable…
Former treasurer jailed for stealing £30k from charity as part of £155k fraud Civil Society Media…
Media Advisory: Clergy Sexual Misconduct Researcher in Pittsburgh, Monday, Oct. 4 | Newswise Newswise Source link
Today, the United States sanctioned several Iranian regime currency exchange houses, associated personnel, and front…
Akal Takht declares Sukhbir Badal guilty of 'religious misconduct' for 'mistakes' committed by SAD The New…
Wang Xiaodong, derided over Covid-19 handling, comes under corruption cloud South China Morning Post Source link