The boss of Australia’s stock exchange has quit just days after police began investigating allegations of bribery involving the Cambodian prime minister’s family at a company he used to run. Elmer Funke Kupper’s resignation was effective immediately, the ASX said.
Dutch-born Mr Funke Kupper, 50, headed Tabcorp, a gambling company, between 2007 and joining ASX in 2011. Last week it emerged that Tabcorp was under investigation over a payment relating to a business opportunity in Cambodia in 2009.
Media reports alleged that an A$200,000 (£105,000) payment was made to the family of Cambodian prime minister Hun Sen when Tabcorp was considering launching an online betting business there.
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