Earlier this year, Troy Stolz blew whistle regarding breaches in anti-money laundering law by ClubsNSW, a gambling company he was working for. This caused a lot of issues for the company owner, who later sued Stolz. He is being held responsible for revealing internal documents to government officials and termed it a violation of a non-disclosure agreement. The document revealed that most of the 770 clubs under the control of ClubsNSW are not in full compliance with anti-money laundering and terrorism financing laws.
The document given to the parliamentary representative was allegedly written by an executive with the organization in May. Stolz did not only deliver the document to the legislator but also reported the company to the media. Stolz revealed how customers come to their facilities with a huge sum of money without being questioned. In retaliation to Stolz’ act, ClubsNSW is charging him for leaking the confidential information of the company. The company seeks compensation under Australia’s Corporations Act, which, unfortunately, also covers the whistleblower. Because the act highlights that whistleblower is exempted from “criminal prosecution” except when the information is found to be untrue.
Although, how much ClubsNSW wants is unknown but Stolz expressed disappointment for being sued when he reported what is considered a public offence.
