Companies within Forum Group’s food waste digestion and sustainability portfolio were potentially all insolvent from their foundation because they relied heavily on loans from Forum Group Financial Services.
Bill Papas grand vision that ended in tears 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 Group creditors claim to be owed $580M arnnet.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arnnet.com.au Daily Mail and Mail on Sunday newspapers.
More banks drawn into Westpac fraud case By Sarah Kendell 03 August 2021
The Federal Court has ordered a big four bank to produce documents around its dealings with an expanding network of companies associated with the Forum Group, following Westpac’s proceedings against the troubled group for an alleged $200 million fraud.
Court documents related to Westpac’s case against Forum Finance and its directors, which has now been expanded to include a number of other related companies, indicate NAB is to be issued with a subpoena to produce documents related to high-value transactions between companies including Forum Direct, Forum Enviro and Forum Finance.
Staff at Papas Iugis left shocked as jobs lost 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.