Management dysfunction, falsification of customer welfare checks, disclosure discrepancies, a plot for a coup, and a $3.2 million theft by patrons are just a taste of the fresh allegations made against Star Entertainment as a second public inquiry looks under the hood of the casino that is operating under an already suspended licence.under Adam Bell, SC, paints a portrait of a public company at war with the regulator – the authority in whose hands sit the casino’s fate.
In the wake of the first Bell inquiry, the Star executed the near-wholesale cleanout of its board and management, and Cooke took over as chief executive with a remit of overhauling its operations and culture. Weeks was installed as a special manager to oversee the rehabilitation. Weeks said Cooke and Foster had found out about meetings with his lawyers and regulators scheduled for February by “somehow accessing my diary”.And then there are the two versions of the recent departures of Cooke and the chief financial officer Christina Katsibouba. The announcement by the board to the Australian stock exchange gave the impression both these executives had resigned, but the company told the regulator both had been dismissed, the inquiry heard on Monday.
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