AUSTRAC amended claim in civil proceedings
On 22 July 2015 Tabcorp announced that civil proceedings had been brought by the Australian Transaction Reports and Analysis Centre (AUSTRAC) against Tabcorp Holdings Limited and Tabcorp’s NSW and Victorian wagering businesses in the Federal Court of Australia.
Tabcorp advises that today AUSTRAC has been granted leave to file an amended Statement of Claim, containing further alleged contraventions under Tabcorp’s former AML/CTF Program, which are of a similar nature to those already in issue in the proceedings.
Tabcorp will file its response in relation to the amended Statement of Claim in accordance with the Court timetable. The Court hearing is now scheduled to start on 6 June 2017.
It should be noted that in 2015 Tabcorp adopted a new AML/CTF Program, which included substantial investment in enhanced capability, processes, systems and controls that underpin this new program.
Download the PDF
For more information:
Nicholas Tzaferis, GM Corporate Affairs, 03 9868 2529
Lachlan Fitt, GM Investor Relations and Strategy, 02 9218 1414