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By Byron Kaye
SYDNEY (Reuters) -An Australian government agency filed a lawsuit on Tuesday accusing casino operator Crown Resorts Ltd of "serious and systemic noncompliance" with anti-money laundering laws, complicating a $6.3 billion buyout by Blackstone Inc.
In a Federal court filing, the Australian Transaction Reports and Analysis Centre (AUSTRAC) said the company started by billionaire James Packer failed its due diligence obligations "innumerable" times from 2016 to 2020, leaving it and t...
>>> Read more: Australia lawsuit accuses Crown Resorts of 'innumerable' money laundering breaches
SYDNEY (Reuters) -An Australian government agency filed a lawsuit on Tuesday accusing casino operator Crown Resorts Ltd of "serious and systemic noncompliance" with anti-money laundering laws, complicating a $6.3 billion buyout by Blackstone Inc.
In a Federal court filing, the Australian Transaction Reports and Analysis Centre (AUSTRAC) said the company started by billionaire James Packer failed its due diligence obligations "innumerable" times from 2016 to 2020, leaving it and t...
>>> Read more: Australia lawsuit accuses Crown Resorts of 'innumerable' money laundering breaches
