Counsel for Victoria s commission sees Crown unfit to hold a licence
The counsel assisting Victoria's royal commission with its inquiry into Crown Resorts believes the operator is not suitable to hold a casino licence
The counsel assisting Victoria's royal stag military commission with its research into Crown Resorts believes the manipulator is not suited to contain a casino licence.
The ending comes after a variety of refuge breaches and cases of misdirection were uncovered during the hearings.
“After all the evidence presented inwards these hearings it remains clear Crown is non currently suited to carry a casino licence,” said Adrian Finanzio SC. “The evidence reveals serious misconduct, illegal direct and highly inappropriate conduct, which has been encouraged or facilitated by a civilisation which has consistently place turn a profit before all other considerations.”
According to the lawyer, Crown focused on profits before answerableness or other considerations.
The Bergin report, investigating and detailing the failings of the companionship when it comes to money laundering preventions, saw Crown turn a loss its licence to control in New South Wales.
This launched the royal commission into Crown’s eligibility inwards Victoria, with Premier Daniel Roy Chapman Andrews promising that he is prepared to submit out the company’s Melbourne casino licence should the charge urge it.
The military commission found that Crown may owe the province nearly AU$480m (US$351.4m) inwards volunteer(a) taxes; so far, the manipulator has only if in agreement(p) to make up AU$50m, according to ABC News.
Finanzio noted that Crown did not set anywhere near plenty effort into stopping possible money laundering; nor did it handle its accounts properly, patch the gaming story wasn’t equipt to sufficiently handgrip the put on the line of illegal activity.
The lawyer noted that Commissioner Ray Finkelstein QC is within his rights to permit Crown to donjon its licence, but it would be difficult to justify.
“This is a pillow slip where it would follow clear to find the misconduct has been so flagrant and so well-publicised, and detrimental to Crown’s boilers suit reputation, that no amount of restructuring can buoy reinstate confidence inward it as a scene and right somebody to carry a licence,” he said.