Business
Demetriou’s casino inquiry notes land him in trouble – The Australian Financial Review
Caught with notes in the witness box, former AFL boss Andrew Demetriou was forced into an embarrassing apology at the NSW casino inquiry.
Yes, there had been deficiencies in areas such as the management of risks around junkets, around anti-money laundering, and how its staff operated in China.
Yes, management had failed on several vital occasions to make the risk committee on which Demetriou sat aware of these risks, such as when a Chinese staff member was pulled in by authorities prior to the arrest of the staff, or when two banks tried to close the accounts of two Crown subsidiaries on concerns the accounts were being used to l…
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