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 articles regarding investigations by the Austrian Economic and Corruption Prosecutor’s Office (WKStA). These investigations, which focus on over 100 individuals including Ainsworth’s CEO Harald Neumann, began in 2019. Ainsworth has maintained transparency with gaming regulators since becoming aware of the investigations. The company clarified that no indications of wrongdoing were found and that most investigations involving Neumann and Novomatic AG have been discontinued.

Source: https://g3newswire.com/ainsworth-comments-on-historical-investigations-into-ceo-harald-neumann/

Key Points

  • Ainsworth acknowledges ongoing investigations by the WKStA into CEO Harald Neumann and others.
  • The company has been transparent with regulators about the status of these investigations.
  • Most investigations have been discontinued, with no wrongdoing found by the authorities.
  • Mr. Neumann was assessed as suitable for the CEO position following a probity investigation.
  • Ainsworth has continually monitored the investigations as part of its governance and compliance protocols.

Why should I read this?

If you’re interested in corporate governance and regulatory compliance in the gaming industry, this article unpacks crucial developments. Ainsworth’s proactive communication on legal matters involving its CEO is a fascinating case study on transparency and governance, showing how companies can navigate complex investigations without compromising reputational integrity.