Ainsworth comments on historical investigations into CEO Harald Neumann
Summary
Ainsworth Game Technology has recently commented on the investigations conducted by the Austrian Economic and Corruption Prosecutor’s Office (WKStA) into over 100 individuals, which includes CEO Harald Neumann. Ainsworth has maintained transparency with gaming regulators since the investigations were publicised in 2019, ensuring they were informed about the ongoing matters.
The company declared that after receiving legal advice, it determined that these investigations did not necessitate public disclosure at the moment due to their preliminary nature and lack of definitive evidence. Mr Neumann’s appointment as CEO in October 2021 followed a probity investigation, which cleared him of any regulatory issues related to the investigations.
Key Points
- Ainsworth acknowledged the WKStA investigations into over 100 individuals, including CEO Harald Neumann.
- The company disclosed investigations started in 2019 and ensured gaming regulators were informed.
- No definitive evidence was found to justify the allegations, according to Ainsworth’s legal counsel.
- Mr Neumann was cleared for regulatory suitability before being appointed CEO in 2021.
- Most investigations have been discontinued, indicating no wrongdoing has been established.
Why should I read this?
If you’re keeping an eye on industry news, you’ll want to know how Ainsworth is navigating through scrutiny regarding its CEO. These updates on legal investigations are crucial for stakeholders and gaming regulators alike, giving insight into corporate governance and ethics in the gaming sector. Don’t let these developments pass you by!