![]() ![]() ![]() Justice Lee questioned whether AUSTRAC was serious about prosecuting the nation’s casinos after taking more than a year to bring its case against Crown Resorts to court.ĪUSTRAC is also suing listed casino operators Star Entertainment and Skycity for allegedly churning dirty cash through their casinos.ĪUSTRAC has only ever reached settlements with defendants under the nation’s anti-money laundering laws. The total penalties attached to the anti-money laundering breaches allegedly committed by Crown exceed $1 billion in theory. He ordered the pair to quickly work out agreed facts during a hearing in February in which he dressed down the regulator. Sources expect Justice Michael Lee will set out the dates for AUSTRAC’s prosecution at a case-management hearing in Sydney. AUSTRAC’s prosecution of Crown Resorts for allegedly allowing upwards of $70 billion of dirty cash to churn through its casinos is approaching the sharp end, with the Federal Court set to unveil a long-awaited case timeline on Friday. ![]()
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