SkyCity could be forced to cough up millions for alleged breaches of legislation on money laundering.

The Department of Internal Affairs is accusing SkyCity of violating the Anti-Money Laundering and Countering Financing of Terrorism Act, after a company review.

NZ Herald property editor Anne Gibson says SkyCity will be more concerned about the hits to their reputation, over a prospective fine.

"This is quite damaging to them, it's not so much about the fine- if there is one."

LISTEN ABOVE

SkyCity could be forced to cough up millions for alleged breaches of legislation on money laundering.
The Department of Internal Affairs is accusing SkyCity of violating the Anti-Money Laundering and Countering Financing of Terrorism Act, after a company review.
NZ Herald property editor Anne Gibson says SkyCity will be more concerned about the hits to their reputation, over a prospective fine.
"This is quite damaging to them, it's not so much about the fine- if there is one."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.