About one in five WiseTech shares that were traded on Tuesday were sold short following news of a police investigation into the billionaire founder.

The superannuation savings giant said it was seeking answers from the board after it was revealed its executive chairman was being investigated by the AFP.

Vor knapp zwei Jahren musste der Milliardär Richard White als CEO der australisichen Techfirma zurücktreten. Jetzt ermittelt die australische Bundespolizei wegen angeblich…

Under pressure from investors, the software giant controlled by the billionaire businessman sought to distance itself from the AFP probe revealed this week.

WiseTech Global says it is unaware of any AFP investigation into executive chairman Richard White, who denies any involvement in human trafficking.

WiseTech Global says it is unaware of any AFP investigation into executive chairman Richard White, who denies any involvement in human trafficking.

WiseTech founder Richard White denies any involvement in human trafficking after reports of a police probe into a visa-for-sex claim. Shares fell sharply.

About one in five WiseTech shares that were traded on Tuesday were sold short following news of a police investigation into the billionaire founder.