<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Australian Federal Police and the financial watchdog have raided the Sydney offices of software giant WiseTech.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>During yesterday's operation, police officers and ASIC officials requested documents related to alleged share trading by billionaire co-founder Richard White and three other employees from late last year to early 2025, the board said in a statement to the ASX today.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"So far as WiseTech is aware, no charges have been laid against any person, and there are no allegations against the company itself," it said.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/two-dead-underground-mine-explosion-far-west-nsw/4e39a4bc-ee81-481e-b5d1-0f9a1ec2abf6" target="_blank"><strong><span>Two dead after mine explosion near regional town</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"WiseTech intends to fully co-operate with any investigation."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>WiseTech, a leading logistical software company, employs about 17,000 staff worldwide. The company has a market capitalisation of $28.5 billion.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The leadership of White, who stepped down as chief executive last year but remains executive chairman, has come under scrutiny over recent months.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/police-and-asic-raid-wisetech-offices/a252fa05-cfcd-48e4-bb3e-d9476e6fbb33" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The company has been beset with reports over complaints about inappropriate conduct regarding White's personal life, including his relationships with female WiseTech staff members.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>White left the WiseTech board last year after a joint investigation by Nine newspapers.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple App Store</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&hl=en_AU&pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a><strong><em><span>.</span></em></strong></div></div>
SHARE:
Leave A Reply
Your email address will not be published.*