Myanmar's Suu Kyi Hit by 5 New Corruption Charges – Source
Myanmar's ousted former leader Aung San Suu Kyi and deposed President Win Myint will face five additional charges of corruption, each carrying a maximum of 15 years in prison, a source familiar with the proceedings said on Friday.
https://www.usnews.com/news/world/articles/2022-01-14/myanmars-suu-kyi-hit-by-5-new-corruption-charges-source
Australian regulator expands Star Entertainment money laundering probe
Star Entertainment Group SGR.AX said on Friday that Australia's financial crime regulator expanded its investigation into possible breaches of anti-money laundering and counter-terrorism laws at the company's casino in Sydney.
https://www.nasdaq.com/articles/australian-regulator-expands-star-entertainment-money-laundering-probe
Star Entertainment Group is to see an ongoing investigation by Australia’s anti-money laundering agency
Last month, it was rumoured that Star Entertainment could return with renewed acquisitive interest in embattled Australian casino operator Crown Resorts, after withdrawing its previous interest earlier in the year.
However, Crown this week confirmed the receipt of a fresh takeover offer from a company on behalf of funds managed and advised by Blackstone and its affiliates.
The group’s board said that, following consideration, it considers that “it is in the interests” of the group to engage further with Blackstone on a non-exclusive basis.
https://www.casinobeats.com/2022/01/14/austrac-expands-scope-of-the-star-investigation/
In 2021 a joint report by the Sydney Morning Herald the Age, and the television program 60 Minutes, found that Star management had been warned that it's anti-money laundering controls were inadequate and that between 2014 and 2021 Star had attempted to recruit high rollers who were allegedly linked to criminal or foreign-influence activities.
John O'Neill (Chairman)
Matt Bekier (CEO)
https://en.wikipedia.org/wiki/Star_Entertainment_Group
John Anthony O'Neill (born 1951) is an Australian sporting administrator.
He has been involved with both rugby union and soccer at the national level, after being head of the State Bank of New South Wales.
He is a director of Tabcorp, Amalgamated Holdings and of Star Entertainment Group. He was temporarily appointed chairman of Star Entertainment on 8 June 2012, after prior chairman John Story was forced to resign by Star's board.
https://en.wikipedia.org/wiki/John_O%27Neill_(businessman)
https://www.starentertainmentgroup.com.au/executive-team/
Australia's No. 2 casino company Star Entertainment Group Ltd on Friday warned of uncertainty around future revenue from China, after 18 staff at rival Crown Resorts Ltd were arrested for suspected "gambling crimes" there.
The detention this month of 18 Crown staff, three of whom are Australian nationals including its head of international VIP gambling, has sparked concern about the impact on Australian casinos which rely on wealthy Chinese gamblers.
Star Chairman John O'Neill told the AGM the company had no offices in mainland China and none of its staff had been detained or questioned by Chinese authorities.
VIP gambling delivered "less than 30 percent" of the company's revenue, with 80 percent of that derived from VIP junkets from Asia, he said in prepared remarks.
October 27, 2016
https://finance.yahoo.com/news/australian-casino-player-star-says-000141364.html