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June 17 (Reuters) – Australia’s Federal Court on Wednesday banned former Star Entertainment CEO and managing director Matthias Bekier from managing corporations for six years, and fined him A$700,000 ($494,620.00) over breaches tied to the handling of risks associated with money laundering and criminal activity.
($1 = 1.4152 Australian dollars)
(Reporting by Rajasik Mukherjee; Editing by Sonia Cheema)
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