ORGANIZED CRIME – AUSTRALIA

Illicit tobacco trade worst in the world

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Original article by Mohammad Alfares
The Australian – Page: 5 : 29-Oct-25

British American Tobacco’s chief corporate officer Kingsley Wheaton says criminal gangs have effectively seized control of Australia’s nicotine market. BAT estimates that 65 per cent of all cigarettes now sold in Australia are illegal, and that up to 80 per cent of the nicotine market – including vapes – is controlled by the black market. The London-based executive visited Australia earlier this year, and notes that while the UK has had a long-standing problem with the illegal tobacco trade, the level of criminality in Australia is much worse. Wheaton says the only realistic way to regain control of the tobacco market is to overhaul current policy settings, including a reduction in the federal government’s excise tax on cigarettes; this has risen by 75 per cent since 2019.

CORPORATES
BRITISH AMERICAN TOBACCO PLC

Whistleblower’s fresh claims on CFMEU’s missing $30m

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Original article by Simon Benson
The Australian – Page: 5 : 17-Sep-24

Prime Minister Anthony Albanese is continuing to attract scrutiny over revelations that a CFMEU whistleblower had warned him in 2014 that the union had links to organised crime. Shadow employment minister Michaelia Cash has urged Albanese to disclose what action he had taken in response to the claims made by former CFMEU official Andrew Quirk a decade ago. Cash adds that Albanese should explain why Labor continued to accept donations from the CFMEU despite being aware of its criminal connections. It has also emerged that Quirk and a fellow whistleblower had raised concerns about the whereabouts of $30m from the sale of the CFMEU’s headquarters in NSW.

CORPORATES
CONSTRUCTION, FORESTRY AND MARITIME EMPLOYEES UNION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Push to regulate sale of cannabis to stem rise in organised crime

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Original article by Mark Buttler
Herald Sun – Page: Online : 24-Jul-24

The Penington Institute’s CEO John Ryan says cannabis has become an integral part of the criminal economy, and he contends that the drug is a health problem rather than a law and order problem. Ryan argues that the use of cannabis should be regulated rather than prohibited, in order to undermine the criminal market. The Pennington Institute, which advocates drug reform, has released a report which calls for the creation of a regulated cannabis market which would allow adult users to buy the drug from controlled access points; this would ensure that users had access to cannabis that is free of contaminants.

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PENNINGTON INSTITUTE

Star loses $1b in value as probe widens

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Original article by Lucas Baird
The Australian Financial Review – Page: 13 & 20 : 12-Oct-21

Shares in Star Entertainment fell by 22.9 per cent on 11 October, following the publication of allegations that it allowed money laundering and infiltration by organised crime figures at its Gold Coast and Sydney casinos. NSW Independent Liquor and Gaming Authority chairman Philip Crawford said it would investigate the allegations, but that it would do so in private, claiming that the logistical and cost challenges were too great for the Authority to facilitate a public hearing. Shareholder and gambling-reform activist Stephen Mayne claims the allegations against Star show the need for a national casino regulator, a view shared by Independent federal MP Andrew Wilkie.

CORPORATES
THE STAR ENTERTAINMENT GROUP LIMITED – ASX SGR, NEW SOUTH WALES. INDEPENDENT LIQUOR AND GAMING AUTHORITY

How ATO is catching more fraudsters

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Original article by Tom McIlroy
The Australian Financial Review – Page: 10 : 11-Dec-18

The Australian Taxation Office has joined forces with its peers in the US, Canada, the UK and the Netherlands to establish the Joint Chiefs of Global Tax Enforcement group. The five tax authorities will co-operate in combating activities such as tax fraud, organised crime and money-laundering. Assistant tax commissioner Peter Vujanic says the ATO’s data-matching and analytical capabilities means there is now a much higher probability that tax-related crimes will be detected, regardless of their level of sophistication.

CORPORATES
AUSTRALIAN TAXATION OFFICE, UNITED STATES. INTERNAL REVENUE SERVICE, GREAT BRITAIN. HM REVENUE AND CUSTOMS, CANADA. REVENUE AGENCY, NETHERLANDS. FISCAL INFORMATION AND INVESTIGATION SERVICE, AUSTRALIAN FEDERAL POLICE, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, AUSTRALIAN CRIME COMMISSION, AUSTRALIAN BORDER FORCE

Tabcorp’s new charges from money-laundering cop

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Original article by Perry Williams
The Australian Financial Review – Page: 22 : 21-Apr-16

Tabcorp has allegedly breached the anti-money laundering rules. The Australian Transaction Reports & Analysis Centre (Austrac) alleges that the wagering group failed to notify the regulator of more than 30 TAB accounts being opened by criminals using false names to launder funds generated through fraudulent credit card transactions. The Federal Court was due to hear the case in September 2016, but the hearing has been postponed until 6 June 2017.

CORPORATES
TABCORP HOLDINGS LIMITED – ASX TAH, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, TAB LIMITED, ASX LIMITED – ASX ASX