Ainsworth comments on historical investigations into CEO Harald Neumann

Ainsworth comments on historical investigations into CEO Harald Neumann

Summary

Ainsworth Game Technology has responded to recent media reporting about investigations by the Austrian Economic and Corruption Prosecutor’s Office (WKStA) initiated in 2019, which involve over 100 individuals, including CEO Harald Neumann. The company was aware of these investigations back in August 2019 and has kept regulators informed.

Despite being a subject of these investigations, Ainsworth asserts that Neumann was cleared to be CEO following due diligence conducted during the hiring process. The only remaining investigation is said to have no allegations of wrongdoing against him.

Key Points

  • Ainsworth was notified of the WKStA investigations in August 2019.
  • Investigations involved over 100 individuals including CEO Harald Neumann.
  • The company maintains that no formal allegations have been proven against Neumann.
  • The remaining investigation is anticipated to conclude soon without findings of misconduct.
  • Compliance measures have been in place to keep regulators updated throughout the process.

Why should I read this?

If you’re in the gaming industry or just keeping an eye on corporate integrity, this article is a must-read. Ainsworth’s proactive approach to addressing these investigations reassures stakeholders and paints a clearer picture of CEO Harald Neumann’s status amidst scrutiny. Stay informed about the corporate governance that impacts the broader sector!