Tabcorp will pay the fine for breaking the law connected with money-launderingby Joker 21.02.2017 0 comments
Gambling company Tabcorp agreed to pay the fine of 34 million dollars because it was accused of breaking the legislation connected with money-laundering. The accuser is the Australian Center of Transactions’ Review and Analysis.
The state body began the court trial against the company a long time ago, in summer of 2015. After the long trial the company agreed to pay a fine and to admit some non-compliance with the law on condition that all charges should be removed in the future.
Administration of TabcorpHoldingsLimited says that the company has a very serious attitude towards the duties connected with the leading position on the Australian market, and the company is very glad that it became possible to find a compromise with the Center of Transactions’ Review and Analysis and to close this page. Tabcorp hopes for productive collaboration with the Center in the future.