Controversial casino tycoon James Packer is being brought into the ongoing Australian government investigation into alleged money-laundering offences at Crown Resorts.
He will appear in the Royal Commission investigating the activities of the casino group in Perth, Western Australia. It will be the second time that Packer has appeared before the commission. The appearance is scheduled for October 29 via a video link.
The inquiry has been told that Packer’s influence as Crown’s biggest shareholder and former chairman had been “disastrous.” He was the driving force to secure more of the Chinese high-roller junket market that is the main focus for the AML scandal.
The offences are said to have occurred at the Melbourne casino and also that at Perth. Following strong recommendations by the New South Wales Independent Liquor and Gaming Authority, Crown has removed most of its board of directors.