What’s the Secret?<\/strong><\/h2>\nCrown secured a licensing agreement with the NSW government in 2014 that permitted it to begin work on the VIP-focused casino on the Sydney waterfront.<\/p>\n
But under the terms of that agreement, the company was prohibited from doing business with Lawrence Ho\u2019s father, Stanley Ho, along with 59 companies and individuals associated with him.<\/p>\n
US authorities have alleged Ho Sr. is an associate of the Sun Yee On triad criminal organization, which the Ho family has persistently denied.<\/p>\n
Lawrence Ho has passed suitability tests in Australia before due to the now defunct joint venture with Packer, Melco-Crown.<\/p>\n
But the NSW committee wants to investigate why Ho is listed as a director of a company called Lanceford Company Ltd. that is blacklisted in the state for its ties to his father,<\/strong><\/p>\nThe investigation stalled in February when Melco successfully blocked the release of nine documents that had been requested by the commission.<\/p>\n
The nature of the information contained in these files is currently unknown to the public, although it is likely to be revealed in forthcoming hearings at which Ho and Packer will both be called to testify.<\/p>\n","protected":false},"excerpt":{"rendered":"
Lawrence Ho\u2019s Melco Resorts has lost its bid to keep private company documents out of reach of an unprecedented official investigation by the Australian state of New South Wales (NSW) into the licensing suitability of Crown Resorts. On Thursday, the NSW Court of Appeal overturned an earlier ruling of the Supreme Court of NSW, which […]<\/p>\n","protected":false},"author":36,"featured_media":129708,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,13592],"tags":[],"acf":[],"yoast_head":"\n
Melco Must Turn Over Documents to Crown Suitability Investigation<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n