The Sydney football tycoon at the centre of fraud allegations by Westpac and French bank Société Générale will return to Australia this weekend from Greece, his lawyer says.
In the Federal Court on Wednesday, Justice Michael Lee rejected an urgent application by Forum Finance and Bill Papas to adjourn a hearing on Friday that would hear arguments about whether Westpac could appoint a provisional liquidator to the firm.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
