Adgemis pub empire under fire as $1.29b assets vanish – The Greek Herald
sydney pub baron Jon Adgemis’ business empire is under further strain after a key company, Public Hospitality Operating Co, collapsed into liquidation owing $123 million to the tax office, with liquidators unable to locate assets once valued at more than $1.29 billion. Liquidator Tim Cook of Balance Insolvency said records explaining the purpose of the…