Governance experts have called for Star’s senior executives to immediately “go in disgrace”, after a week of bombshell evidence of possible money laundering, secret junket rooms and misled regulators.
It’s fitting that as the award for dubious corporate distinction celebrates its fifth year, one ASX giant has delivered perhaps the greatest example of corporate idiocy we’ve seen.
Crown Resorts chief executive Ken Barton has stepped down after days of speculation about his future after a damning report found the James Packer-backed gambling giant unsuitable to run its new casino in Barangaroo.
More than 400 Australians have been named in a huge exposure of companies and financial institutions that has revealed secret investments and real estate deals.