Reported about 1 month ago
The recent sex-for-investment scandal involving Australian tech billionaire Richard White marks another blow to the country's corporate integrity, following a series of scandals plaguing major companies. White's resignation from WiseTech Global came after allegations of inappropriate behavior and misconduct, which resulted in a substantial market value loss. This incident, alongside ongoing investigations into other corporate leaders, raises concerns about Australia's governance standards amidst a backdrop of regulatory failures.
Source: YAHOO