Star CEO resigns amid ongoing inquiry

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    buddywillis
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    <br>Star Entertainment Group managing director and CEO Matt Bekier has resigned amid an ongoing inquiry into whether its Sydney casino should keep its licence.<br> <br>The group announced to the ASX on Monday that Mr Bekier has tendered his resignation.<br> <br>The company said his decision “follows issues raised in the public hearings”.<br> <br>”Mr Bekier informed the board that as managing director and CEO he is accountable for the effectiveness and adequacy of the company’s processes, policies, people and culture,” the announcement read.<br> <br>He said “the right thing to do was for him to take responsibility”.<br> <br>His final departure date is to be determined and Star will make a further announcement at that stage, but Mr Bekier will step down from the board immediately.<br> <br>He will remain in his role and work with the board to “transition his executive responsibilities in an orderly manner”.<br> <br>Last week, the NSW Independent Liquor & Gaming Authority’s inquiry into the company heard of Mr Bekier’s reaction to a KPMG report that found the casino was not doing enough to comply with anti-money laundering and counter terrorism financing laws.<br> <br>KPMG partner Alexander Graham told the hearing Mr Bekier was “hostile” towards him and his colleague John O’Sullivan during a meeting he spent “essentially berating” the pair.<br>

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