Surely a euphemism?
As in The Simpson’s ‘Legitimate Businessman’s Social Club.’
Any time crime is involved in legitimate business is money laundering. Where do you start and stop.
I admit I must be naive on these matters, but I would have thought you start with legal and stop before you get to illegal.
Uncle Andy does not share my naivety. Obviously.
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Crown Casino is a suicidal cesspit.
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Interesting comments apropos Uncle Andy at the NSW Crown inquiry.
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We need the NSW Casino inquiry into Crown to re-look at the Saga for us.
The following article tells you all you’ll ever need to know about Demetriou.
Crown Resorts director Andrew Demetriou’s tenure could end after a NSW casino inquiry report said there are “very serious doubts” over its suitability to run a casino should he remain on its board after a “quite bizarre” performance as an inquiry witness.
Mr Demetriou’s evidence justifies a mooted new casino regulator “lacking confidence” in his future involvement in the industry, said the report by Commissioner Patricia Bergin SC, released on Tuesday.
Mr Demetriou, the one-time AFL chief executive and Melbourne powerbroker who is also chairman of Crown Melbourne, gave evidence to the inquiry last October and was seen to be reading from notes when discussing workplace culture at Crown.
Tuesday’s report said Mr Demetriou gave a “quite bizarre performance” as a witness and that a regulatory body “would be justified in lacking confidence in placing reliance upon Mr Demetriou in the future”.
Crown faced accusations of failing to prevent money laundering at its casinos and dealings with junket operators linked to criminal syndicates, and Mr Demetriou’s removal as director was among a string of recommendations in Commissioner Bergin’s report.
In October, he was caught reading from notes while giving evidence via video link to the NSW Independent Liquor and Gaming Authority inquiry, and the former AFL chief’s independence from major shareholder James Packer was also called into question.
At the time, Mr Demetriou appeared to have read a description of proper organisational culture from notes, which he had been told was not allowed, looking down repeatedly while giving evidence.
It later emerged he had delivered almost word for word what his notes – later tendered as evidence – contained.
“Oh Mr Demetriou, why did you do it?” Commissioner Bergin said during his evidence, her head in her hands, after he had denied five times when asked if he was reading from his notes.
“This was a most unedifying performance by Mr Demetriou,” Tuesday’s report said, going on to add that it was “inexplicable” that he did not accept the proposition he had been caught reading the notes and that he could have explained this by saying he was trying to assist by being accurate.
“But he persisted with his version of events that clearly cannot be accepted. Unfortunately it reflects very badly on his judgment …[and] it is difficult to understand what might reasonably be made of this quite bizarre performance.”
Mr Demetriou has had mixed success in the business world since leaving the AFL at the end of 2014. He was chairman of the ASX-listed Capitol Health until November and was chairman of the advisory board of the controversial Acquire Learning business that collapsed in 2017 owing debts of $145m.
Crown said in a statement on Tuesday that it “is currently considering the inquiry report” and would work with the NSW ILGA in relation to the findings and recommendations.
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Eddie and Vlad going down on the same day. Beautiful.
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This guy is a fraudster. Should be in prison.
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Aren’t you sworn in, to give evidence at that sort of inquiry?
And he’s repeatedly lied to the judge?
And faced zero repercussions?
Yeah, he’s been gotten a good one. That’s the getting of a lifetime.
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He’ll have to go from the Crown board (and as the Chairman) otherwise they won’t get a license again.
And he’ll be cancer on any other big corporate boards going forward.
It’s not the stocks out the front of Flinders St Station but I’ll take it!
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A cancer who knows a lot of people, and knows how to make them a lot of money.
A slab says he‘s still on half a dozen boards by the end of the year.
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Oh you’re right. But they’ll be little shitkicker ones.
He’ll be back to trying to scam a living with his Acquire Learning mates rather than the head of one of the biggest corporations in the country. He’s been disgraced - not in everyone’s eyes, but in the eyes of those bigwigs who count and who he might need to progress his career further in the next ten years.
It’s a win.
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We’ll see.
Even money bet Berejiklian throws all the recommendations in the bin and whacks another three floors & 2000 more pokies on the planning approval as a thank you.
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Hey, at least their regulator actually does something. Our gambling regulator is utterly useless.
Some I take it crown Melbourne has ceased trading on today’s news?
Makes you wonder how ■■■■ he was at running the AFL. Obviously we know about the saga, tanking, 3 strikes policy, must be more.
With no accountability, no share holders, no corporate watchdog, a compliant media, supported by both sides of politics, and a tribal fan base. Untouchable.
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“Well I know what I didn’t do. I didn’t read the words from this typed piece of paper in front of me - word for word - and then lie about it five times when asked. That’s what I didn’t do.”
Bye bye scumbucket. Hope we never see your smarmy face again.
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One would think purgery charges will soon follow?
Inquires aren’t legal or judicial proceedings so it isn’t perjury.
Hope he gets to the slammer one way or another
Crown Casino directors Guy Jalland and Michael Johnston have resigned as director. Crown have just informed the ASX.
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