AUSTRALIA’S Crown Resorts is set to pay a civil penalty of A$450 million (RM1.35 billion) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes, and suitcases.
Crown admitted failing to take appropriate measures to spot and prevent money laundering and terrorism financing at its Melbourne and Perth casinos, in an agreement announced yesterday by the casino group and the government’s financial crime body.