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 ongoing investigations by the Austrian Economic and Corruption Prosecutor’s Office (WKStA) into CEO Harald Neumann and others tied to Novomatic AG. The investigations began in 2019 and involved over 100 individuals. Ainsworth has kept regulators informed while monitoring the situation.

Source: G3 Newswire

Key Points

  • Ainsworth acknowledges investigations into CEO Harald Neumann that began in 2019.
  • Regulatory bodies have been kept updated about the developments of these investigations.
  • Mr Neumann was a non-executive director during the initiation of the investigations.
  • Ainsworth provided periodic updates to gaming regulators as part of compliance procedures.
  • Most investigations concerning Mr Neumann have been discontinued, with no findings of wrongdoing.

Why should I read this?

If you’re in the gaming industry or just keen on corporate governance and legal matters, this article is a must-read. Ainsworth’s proactive approach to transparency sheds light on how companies handle potentially damaging investigations, making it relevant for anyone interested in corporate ethics and management strategies. Plus, it gives you the lowdown on what’s happening with key players in the industry!

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