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Crown's Melbourne and Perth casinos are being taken to court by Australia's financial intelligence agency over alleged breaches of anti-money laundering and counter-terrorism financing laws.
AUSTRAC on Tuesday served the two operations with a statement of claim and commenced civil penalty proceedings in the Federal Court, following an investigation that began in October 2020.
The agency is responsible for preventing, detecting and responding to criminal abuse of Australia's financial system.
AUSTRAC chief Nicole Rose said Crown's failure to meet anti-money laundering and counter-terrorism financing obligations left the business and Australia's financial system vulnerable to criminal exploitation.
'AUSTRAC's investigation identified poor governance, risk management and failures to have and maintain a compliant ... program detailing how Crown would identify, mitigate and manage the risk of their products and services being misused for money laundering or terrorism financing,' she said.
The agency responsible for detecting and investigating criminal abuse of Australia's financial system, AUSTRAC, has launched legal action against Crown's Melbourne and
