The casino company also instructed the high roller to pay back his debts via China Union Pay debit cards, which allegedly can be used to flout Beijing’s anti-money laundering controls.
Three executives at The Star worked together to deceive the National Australia Bank when its financial crime team asked the casino executives to explain some $900 million in “suspicious” transactions.
The Star Entertainment Group disguised as “hotel expenses” $900 million in transactions linked to Chinese high rollers to help them circumvent rules and access cash to gamble, a NSW inquiry has heard.