The previous chief danger officer for Star Leisure Group who says he acquired no response when he raised considerations about Chinese language financial institution playing cards getting used for playing is slated to renew his proof at a NSW inquiry into whether or not the corporate’s Sydney on line casino can hold working.
Paul McWilliams and former inside audit head Tarnya O’Neil commissioned a 2018 report from KPMG, the place Mr McWilliams labored for a number of years starting within the late Nineteen Eighties.
That report warned Star it was failing to fight cash laundering.
Mr McWilliams advised the listening to on Monday he raised internally an “anecdotal mention” that “somebody might have put an amount withdrawn through China Union Pay through the system as accommodation or hospitality charges” however by no means acquired a response.
Mr McWilliams is anticipated to renew giving proof on Tuesday.
The inquiry heard final week Star allowed high-rollers to invoice $900 million as resort bills to dodge China’s tight anti-gambling and capital flight legal guidelines.
The NSW Unbiased Liquor & Gaming Authority is investigating whether or not The Star Sydney is match to maintain its on line casino licence following media studies final yr, stemming from the KPMG report, accusing the on line casino’s proprietor of enabling suspected cash laundering, organised crime, fraud and international interference.
KPMG companions Alexander Graham and Jeff O’Sullivan are additionally scheduled to look.
Chinese language-born Australian property developer Phillip Dong Fang Lee, a diamond member of The Star who had gambled there for greater than 20 years (and whose belongings together with an account with the on line casino had been frozen by the tax workplace final yr) advised the listening to on Monday he was advised by a on line casino relationship supervisor he may use the CUP card to pay money owed.
He stated he would additionally give CUP playing cards, of which he had about 20, linked to greater than 5 accounts with banks in China, to the connection supervisor to fetch him extra chips whereas he gambled.
Star says it has an unwavering concentrate on stopping felony exercise at its casinos, which additionally embody The Star Gold Coast and Treasury Brisbane.