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Forum Group cloud raises questions over Sydney Olympic FC finances 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.
Share Westpac discovered the alleged fraud leading to an investigation when Westrac, applied for finance for office products with the bank in early June. The bank discovered it already provided financing for Westrac through Forum Finance. WesTrac confirmed funds were in fact accessed through a Forum Finance loan for equipment worth about $9 million under its name, yet had no record of obtaining the funds. Mr Papas vanishing act drew comparisons to Sydney businesswoman Melissa Caddick who vanished while being investigated by ASIC Further investigations undertaken by Westpac into six more loan contracts financed by the bank allegedly showed the assets financed did not exist, with just one of the advances for equipment amounting to $211 million. ....
Loop News Since Digicel opened its doors to conduct business on Jamaican shores in 2001, the country has benefitted from a number of groundbreaking initiatives on the social and economic front. In recognition of Digicel Jamaica s 20th anniversary, Loop News has compiled 20 facts about the trailblazing company. 1. Breaking the monopoly - In 2001, Digicel entered Jamaica s telecommunications market and broke the decades-long monopoly which had its knee in the neck of local consumers. Digicel’s entry into the fray made it easier for the general public to access a mobile phone and brought down the price of communication to an acceptable level. Prior to that time, ownership of a cell phone was a status symbol and a privilege enjoyed only by the well to do. ....
Britt Ramsey has been a journalist across print and broadcast media for several years. Now based at NBN News in Coffs Harbour, Britt has covered news and sport stories in the Nambucca Valley, Far North Queensland and the Gold Coast before settling back on the Mid North Coast. She attended Griffith University on the Gold Coast where she majored in Journalism and Photography. ....
In recognition of Digicel Jamaica s 20th anniversary, Loop News has compiled 20 facts about the trailblazing company. 1. Breaking the monopoly - In 2001, Digicel entered Jamaica s telecommunications market and broke the decades-long monopoly which had its knee in the neck of local consumers. Digicel’s entry into the fray made it easier for the general public to access a mobile phone and brought down the price of communication to an acceptable level. Prior to that time, ownership of a cell phone was a status symbol and a privilege enjoyed only by the well to do. 2: Game Changing Technology - Digicel s introduction of GSM technology in 2001 was a “game-changer” that delivered advanced text messaging, early-stage internet on phones, and opened the gateway to 3G and 4G technologies. ....