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ASIC Seeks Eight-Year Ban for Former Star CEO in Suncity Scandal
By Editorial profile image Editorial
1 min read

ASIC Seeks Eight-Year Ban for Former Star CEO in Suncity Scandal

Australia’s corporate regulator seeks an eight-year ban and a A$1.3 million fine for former Star Entertainment Group CEO Matt Bekier over misconduct tied to Suncity.

Australia’s corporate regulator seeks an eight-year ban and a A$1.3 million fine for former Star Entertainment Group CEO Matt Bekier over misconduct tied to Suncity.

Australia’s corporate regulator, ASIC, has requested the Federal Court to impose a A$1.3 million ($935,000) penalty and an eight-year ban on former Star Entertainment Group CEO, Matt Bekier. The penalties are related to misconduct associated with junket operator Suncity. Bekier, who headed Star from April 2014 to March 2022, is accused of displaying no remorse or comprehension...

By Editorial profile image Editorial
Updated on
Regulation Australia ASIC Federal Court Star Entertainment Group Matt Bekier Suncity