Blaming a few bad apples for corporate misconduct is the oldest trick in the book. Butinquiry, he laid the blame for the casino group’s woes on a bad orchard.
“I didn’t think the business was out of control, and if I didn’t see those problems I’m not sure the board could have seen them.” NSW casino boss Greg Hawkins got an extra whack for allowing Bekier to believe all was well in the VIP business, such that he “represented to the board and to outside investors that the things we learnt about Crown could never happen at Star on the back of [Hawkins’] assurances”.who spent Monday morning giving evidence on the China Union Pay scheme,
Theodore agreed the Star had used an “aggressive interpretation of the [CUP] scheme rules”, but continually denied suggestions that the casino operator misled either CUP orRather, Theodore said he believed both NAB and CUP knew exactly what the Star was up to with its CUP scheme and had provided their “tacit approval” for a scheme used across the industry, including at Crown – although he admitted he didn’t check this with CUP and NAB.
“I believed that they were making inquiries to demonstrate what had been a tacit acceptance for a long period of time was no longer in place,” Theodore said.CUP wasn’t the only party with queries. China’s central bank, the People’s Bank of China, was also struggling to understand how this level of expenditure was possible on non-gaming items.