In court this week in an attempt to fend off another bankruptcy action, this time over unpaid school fees, Jones assures his bankruptcy trustee he will be back in the money.
In court this week in an attempt to fend off another bankruptcy action, this time over unpaid school fees, Jones assures his bankruptcy trustee he will be back in the money.
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It was a crisp autumn morning and classical music was floating through solicitor John Gerathy’s multimillion-dollar waterfront apartment in Woolloomooloo.
Lawyer John Gerathy, pictured in 2011.
Credit:Kate Geraghty
Mr Gerathy was a friend and business partner of the now-disgraced mining minister Ian Macdonald. It was March 2013 and he had just checked himself out of a mental health facility where he had remained during the course of the sensational corruption inquiry into how Eddie and Moses Obeid became multimillionaires due to their now infamous Mount Penny coal deal.
At the time, the Independent Commission Against Corruption was wrapping up but Mr Gerathy maintained he was still too ill to give evidence. If he had, he might have provided the answer to the enduring mystery: given the Obeids were to receive $60 million from Macdonald’s rigged coal deal, what was in it for the unscrupulous minister?