How about Crown?Whilst not entirely relevant, it’s not inapplicable either - but I’m thinking of Theranos.
the great Silicon Valley scandal of recent times, which was in large part fuelled by the fact that they had an illustrious board who knew literally zero about the science of the business there were in. They were not able to provide critical challenge because they had no idea how impossible some of what they were being told was.
at some point you need governance and oversight who understands what is being said
Mr Demetriou was the current chairman of Crown Melbourne and was a member of Crowns Risk Management Committee from 2018.
The Bergin Report found he had no formal anti-money laundering training before joining Crown's board.
Following allegations of money laundering through two of Crown's VIP banking accounts in 2019, Mr Demetriou said he never took the chance to look at the accounts himself, saying he was not an accountant.
The Bergin Report also found Mr Demetriou had pledged allegiance to James Packer, Crown's largest shareholder, and regularly provided him with information whenever asked.
Voted for her, bit meh on all of them and not sure how much of an impact any member rep can have, but she seemed to at least have the right ideas about the issues at the club.If unsure, vote Shanti. As I have said, I have seen her working. She is tough and takes no crap. She will not be a 'yes' person to the current board.
We need fresh eyes who are willing to questions things. She fits that bill.
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