L’Arc Casino Senior Employee Investigated over Alleged Embezzlement

L’Arc Casino Senior Employee Investigated over Alleged Embezzlement

Macau’s Judiciary Police confirmed on Tuesday that L’Arc Hotel and Casino located on the Macau Peninsula had reported an alleged embezzlement of only a little lower than HK$100 million by way of a staff that is senior at the gambling venue.

L’Arc Casino started doors in 2009 and is among the fifteen satellite gambling venues operated under a service that is special with Macau-based casino concessionaire SJM Holdings Ltd.

Chan Cho Man, spokesman for Judiciary Police, said at a Tuesday briefing that the case had been reported by the satellite casino on Sunday and confirmed that a senior staff member had been certainly being investigated for allegedly embezzling the quantity of HK$99.7 million (US$12.9 million) from L’Arc Casino.

The spokesman further noted that no suspects have already been arrested yet, but refused to mention the staff member that is senior.

Local news reported that the casino at L’Arc was among the continuing business interests of Angela Leong On Kei, a shareholder and Executive Director at gambling operator SJM Holdings. When expected about the investigation that is ongoing Ms. Leong told reporters that she was not involved in the location’s day-to-day operations. She additionally indicated hopes that the authorities would act in due manner and would attain results that are quick.

The announcement about the fraudulence investigation during the casino that is above-mentioned several months after Macau-based junket operator Dore Entertainment Co. Read more “L’Arc Casino Senior Employee Investigated over Alleged Embezzlement”

Kenya Betting Control and Licensing Board Chairman to Keep Post for the time being

Kenya Betting Control and Licensing Board Chairman to Keep Post for the time being

Professor Musili Wambua, Chairman of Kenya’s Betting Control and Licensing Board (BCLB), would remain on their post before the Court of Appeal announces its decision on or perhaps a official is eligible to be reappointed as Chairman of the regulator, local media reported.

The BCLB is really a government-run agency and is in charge of licensing and controlling wagering and other gambling venues, tax data recovery on both betting and gaming solutions, and authorizing the country’s public lotteries.

Last year, Prof. Wambua appealed tall Court instructions, under which he really should not be permitted to hold two general public solutions during the time that is same. Aside from being Chairman redbet deposit bonus of BCLB, he could be additionally an associate at work Dean at the School of Law into the University of Nairobi.

The dispute over Prof. Wambua’s eligibility to be reappointed as mind associated with the gambling regulator is warming recently as his tenure is always to end on 8 january. The announcement that he is to keep on their post before the Court of Appeal makes its decision came after his attorneys, Commission on Administrative Justice Chairman Otiende Amolo, and Attorney General Githu Muigai reached an understanding on 30, 2015 december.

Joseph Kinyua, Head of Kenya’s Public provider Commission, said said in a circular towards the nation’s Attorney General, also to both case secretaries and principal secretaries that scholastic staff at general public universities and scientists at different research institutions must be permitted to hold two general public offices. Read more “Kenya Betting Control and Licensing Board Chairman to Keep Post for the time being”