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.
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