Australian Securities and Investments Commission

Company

Last mentioned: Mar 5, 2026

Timeline

  1. Federal Court Ruling

    Justice Michael Lee finds Bekier and Martin breached their duties in a landmark 501-page decision.

  2. ASIC Lawsuit

    ASIC initiates legal action against Matthias Bekier, Paula Martin, and nine other directors.

  3. Banking Misrepresentation

    Star provides false information to NAB and China UnionPay regarding the use of cards for gambling.

  4. Suncity Misconduct

    Junket staff observed delivering cash in cooler bags and evading CCTV at Star casinos.

Stories mentioning Australian Securities and Investments Commission 1

regulation Bearish

Federal Court Finds Ex-Star CEO Breached Duties Over Dysfunctional Culture

The Federal Court of Australia has ruled that former Star Entertainment Group CEO Matthias Bekier breached his corporate duties by overseeing a 'dysfunctional and unethical' culture. The landmark decision highlights systemic failures in reporting criminal risks to the board and misleading financial partners about gambling transactions.

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