BUSINESSMEN – AUSTRALASIA

Packer, Ho told to front Crown inquiry

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Original article by Deborah Cornwall
The Australian – Page: 3 : 22-Jan-20

Businessman James Packer has been ordered to appear before the New South Wales Independent Liquor & Gaming Authority’s inquiry into Crown Resorts’ casino operations. Macau-based gambling tycoon Lawrence Ho has also been asked to appear before the inquiry, which was prompted by Packer’s decision to sell a 19.9 per cent stake in Crown to Ho’s Melco Resorts. This deal will be scrutinised by two of the inquiry’s five separate hearings, amid concern that the transaction could potentially breach Crown’s NSW gambling licence. Other hearings will examine issues such as allegations of money-laundering.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, MELCO RESORTS AND ENTERTAINMENT LIMITED, NEW SOUTH WALES. INDEPENDENT LIQUOR AND GAMING AUTHORITY

Legendary corporate tycoon’s 207,000 child porn images

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Original article by Yoni Bashan, Emily Ritchie, Eli Greenblat
The Australian – Page: 1 & 4 : 19-Dec-19

Former corporate raider Sir Ron Brierley has been released on conditional bail after being charged with six counts of possessing child abuse material. The 82-year-old was arrested at Sydney airport prior to taking a flight to Fiji. Police will allege that his carry-on luggage contained a laptop computer and USB devices with a large quantity of pornographic photos and videos that featured young children. The police were acting on an anonymous Crime Stoppers tip-off. Sir Ron retired from corporate life in June.

CORPORATES
MERCANTILE INVESTMENT COMPANY LIMITED – ASX MVT, NEW SOUTH WALES POLICE FORCE