The reporting and opinions publicly advanced about Forum and other entities have been formulated without the benefit of a contradictor. This is because I have been deprived of the opportunity to fund any meaningful engagement with Federal proceedings commenced by a well-resourced financial institution. I do intend to address the matters raised at an appropriate time but for now, my primary focus is my health.
Meanwhile, as previously reported by Greek City Times, Papas will maintain his grip on Greek football team Xanthi FC after officials ruled he owned the club – despite earlier telling an Australian court the opposite.
The Greek Professional Sports Committee ruled almost three weeks ago that Mr Papas continued to control the high profile Greek football team.
In a statement, the committee said “there was no illegal transfer of the shares” and “the data so far do not show the illegal origin of the money, which was allocated for the increase of the share capital of PAE Xanthi”.
Mr Papas was dragged before the committee late last year to explain statements he’d made to the Federal Court attesting that he’d sold his shares in the company which controlled the Greek Super League 2 side. Mr Papas had told the court he’d sold his shares in Mazcon, the company which owned Xanthi FC.
However, Greek media reports he “did not deny the authenticity of this document, however, he claimed that a statement made in the context of a civil case in an ongoing foreign court does not mean that it is true”.
Since fleeing the country, Bill Papas has told investigators he can’t even afford an airfare home to Australia to answer questions in court. But #60Mins, @theage and @smh tracked the fugitive down in Greece, and it seems he’s still leading a life of luxury. pic.twitter.com/i6OsWKghB5
— 60 Minutes Australia (@60Mins) March 6, 2022
For the full episode visit:
60 Minutes 2022 Ep 5 The Role of His Life, No Answer, Half a Billion Dollar Bill, Watch TV Online (9now.com.au)