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Market Chatter: WiseTech Global Executive Chairman Under Sexual Exploitation Investigation

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WiseTech Global (ASX:WTC) Executive Chairman Richard White is under an Australian federal police investigation over allegations that he coerced a former cleaner at the company into a sexual relationship, the Australian Financial Review reported Monday, citing a police report and multiple sources briefed on the matter.

The police launched the probe earlier this year following a complaint by a former executive of Kyckr, another firm White controls, alleging that White falsified information on a visa application for Caroline Heidemann, the former cleaner, according to the report.

WiseTech Global did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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