On the trail of Bill Papas and Westpac s missing $285m afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Forum Finance boss Basile Papadimitriou, known as Bill Papas, will return to Australia from Greece on Saturday to confront allegations of fraud.
Westpac took legal action against Mr Papas, and Societe Generale has launched a separate court action relating to allegations of fraud against his company, Forum Finance, of amounts worth $294 million and $9 million respectively.
On Wednesday, a Federal Court hearing took place.
Rocco Panetta, Mr Papas’ lawyer, said he had communicated with his client on several occasions and Mr Papas did not disclose his exact location, however there were numerous press reports that said that Mr Papas had on 25 May stated the intention to travel to Greece to watch his club Xanthi FC play.
The numbers that spelt trouble for Nuix IPO
Just which Nuix accounts is ASIC investigating? There were so many.
Save
Share
Directors of former glamour tech stock Nuix were still reeling after Australian Federal Police raided its Sydney head office on June 24 as part of an insider trading investigation when they learnt they faced a more immediate crisis.
At 11.35 that Thursday morning when the Nuix board told the ASX of the raid, they described it as an “investigation into the affairs of an individual”, concluding rather smugly: “Nuix understands that the warrant does not relate to any allegation of wrongdoing by the company.”
Last modified on Mon 19 Apr 2021 00.53 EDT
Criminal defence lawyer Chris Murphy has been awarded $110,000 after the federal court found he had been defamed by a âgossipy and intrusive pieceâ in the Daily Telegraph.
In an article chiefly about the breakdown of his marriage, gossip writer Annette Sharp wrote that the 72-year-old âcontinues to battle with the ravages of age and with it the associated deafness that has kept him from representing his clients in court during the past yearâ.
Justice Michael Lee said the article implied that Murphyâs role as a criminal lawyer â representing his clients in court like the lawyers in TV shows such as Law and Order, Rumpole of the Bailey and Perry Mason â was made impossible by his age and hearing loss.
Atlassianâs big change of heart on BCAâs green credentials
Weâre sorry, this service is currently unavailable. Please try again later.
Dismiss
Save
Normal text size
Scott Farquhar and
Mike Cannon-Brookes who have long raged against the Business Council of Australia for its stance on climate change and its opposition to ambitious emissions reduction targets.
But something must have changed along the way. The duoâs software behemoth Atlassian is now a member of the industry group.
Atlassian pair Mike Cannon-Brookes and Scott Farquhar.
Credit:Illustralian: John Shakespeare
A BCA spokesman confirmed Atlassian had quietly signed on as a member of the heavyweight peak body in the past financial year.