Business
Packer has smelt the wind and knows Crown’s wild days are over – Sydney Morning Herald
James Packer knows that Crown’s time partnering with junket operators with dubious links to organised crime and it not paying enough attention to money launderi…
He also understands a proper governance structure does not operate through ad hoc emails sent to an inner sanctum of executives and that reporting lines are not meant to look like a Picasso painting.
As well, based on Packer’s evidence he appreciates that the trusted executives from his private companies can no longer run the publicly listed Crown via some strange defacto outsourcing agreements.
He has also worked out that he can’t have unfettered access to every aspect of Crown’s finances and…
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