China UnionPay

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. Federal Court Ruling

    Justice Michael Lee finds Matthias Bekier and Paula Martin breached their corporate duties.

  3. ASIC Lawsuit

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

  4. ASIC Lawsuit

    The regulator initiates legal action against 11 former Star executives and directors.

  5. Banking Misrepresentation

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

  6. NAB/UnionPay Deception

    Star falsely claims China UnionPay cards are used for non-gambling purposes to maintain banking access.

  7. Suncity Misconduct

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

  8. Suncity Misconduct

    Suspicious cash deliveries and CCTV evasion by junket staff occur at Star casinos.

Stories mentioning China UnionPay 2

regulation Bearish

Federal Court Finds Ex-Star CEO Breached Duties Over 'Unethical' Culture

The Federal Court of Australia has ruled that former Star Entertainment CEO Matthias Bekier and General Counsel Paula Martin breached their corporate duties by overseeing a 'dysfunctional' culture. The ruling centers on the failure to disclose criminal risks associated with the Suncity junket and misleading National Australia Bank regarding prohibited gambling transactions.

2 sources
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.

2 sources