WiseTech Raided by Police Over White’s Alleged Share Sales

Bloomberg TechnologyMonday, October 27, 2025 at 10:17:27 PM
WiseTech Raided by Police Over White’s Alleged Share Sales
WiseTech Global Ltd. is facing a significant setback as the Australian Federal Police and securities regulators conducted a raid on its Sydney headquarters. This investigation centers around alleged share trading activities involving Chairman Richard White and three other employees. The news has already impacted the company's stock, causing it to plunge. This situation is crucial as it raises concerns about corporate governance and compliance within the company, potentially affecting investor confidence and market perception.
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