Auditors raised concerns around the solvency of a $124 million fund used by fugitive businessman Michael Gu to house money for a federal government visa scheme, calling into question oversight of the program designed to attract entrepreneurial migrants to Australia.
Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com
Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com
