Ainsworth comments on historical investigations into CEO Harald Neumann

Ainsworth comments on historical investigations into CEO Harald Neumann

Summary

Ainsworth Game Technology has addressed recent media coverage regarding investigations initiated in 2019 by the Austrian Economic and Corruption Prosecutor’s Office into over 100 individuals, including CEO Harald Neumann. The company was made aware of these investigations and has kept gaming regulators informed about the status as per compliance protocols.

The investigations, which were public knowledge before Neumann’s appointment as CEO in 2021, have reportedly seen most discontinued, with no evidence of wrongdoing found against him or Novomatic AG.

Source: G3 Newswire

Key Points

  • Ainsworth confirms awareness of investigations into CEO Harald Neumann and Novomatic AG.
  • These probes began in 2019, focusing on more than 100 individuals.
  • The company has maintained contact with regulators regarding the investigations.
  • Most investigations have been closed with no findings of wrongdoing.
  • Regular updates have been provided to regulatory bodies in accordance with compliance practices.

Why should I read this?

This article sheds light on Ainsworth’s transparent dealings amidst serious allegations concerning its CEO. With a clear stance on the investigations and a commitment to regulatory compliance, Ainsworth is positioning itself strongly in a challenging market. If you’re keen on understanding corporate governance and the impacts of scrutiny on leadership, this piece is a must-read!