A biotechnology chief executive who earned more than $10 million from now collapsed life-science companies has declared himself bankrupt and left Australia.
iQ Group Global founder George Syrmalis owes more than $5.4 million $4.3 million to the Australian Taxation Office and almost $665,000 on credit cards according to his own bankruptcy declarations obtained by AFR Weekend.
George Syrmalis, founder of iQ Group Global, has filed for bankruptcy.
But the bankruptcy trustees overseeing his estate have also filed complaints with the federal personal insolvency register alleging that Dr Syrmalis, a yachting aficionado with a penchant for luxury cars, has left Australia and has not returned to Austral…
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