Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Former Star CEO Matt Bekier found liable for breaching duties; others cleared despite money laundering concerns.
In a landmark Federal Court ruling, former Star Entertainment CEO Matt Bekier was found to have breached his director duties, while other top board members, including John O’Neill, were cleared.
Justice Michael Lee ruled ASIC failed to prove the others neglected their responsibilities despite allegations of ignoring money laundering red flags, such as cash deliveries in blue Esky bags and blocked CCTV.
The decision may shape how directors rely on management reports.
Star’s market value has collapsed, and the company faces potential Austrac penalties, with ongoing uncertainty about its ability to continue as a going concern.
El ex CEO de Star, Matt Bekier, fue declarado responsable por incumplimiento de deberes; otros fueron exonerados a pesar de las preocupaciones por el lavado de dinero.