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ASIC case exposes Bekier and O’Neill’s blame game

In the casino sector, big money carries big risk. And the Star executives and board members in ASIC’s sights must now explain how they missed the obvious dangers of a VIP business flooded with money.

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It was not so much the rotten apple defence, but the rotten tree excuse.

When former chief executive of The Star Entertainment Group, Matt Bekier, and former chairman John O’Neill, fronted NSW’s Bell inquiry into the Star’s various misdeeds this year, they blamed much of the group’s problems on a “subculture” within the business.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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    Original URL: https://www.afr.com/chanticleer/asic-case-exposes-bekier-and-o-neill-s-blame-game-20221213-p5c5wx