Slovak investor Pavol Krupa has been found guilty by the federal court in the US state of South Carolina of mounting a campaign to slanderCzech billionaire Zdenek Bakala, and of trying to extorta ransomof $23mn for stopping these activities, according to HlidaciPes.org. Bakala filed a criminal complaint against Krupa to the US federal court in…
DetailsThese stars have blessed our ears with iconic music over the years, but the fame and fortune sometimes proved to be too much. From Westlife’s Shane Filan to Blue’s Lee Ryan, many of them earned millions with their hits only to declare themselves bankrupt years later. Not all of them stayed bankrupt, as some managed…
DetailsThe widow of a Leicester man says he was driven to suicide by a gambling addiction and debt he accrued after being enticed by free online betting offers while furloughed during lockdown. An inquest into the death of Luke Ashton, 40, opened at Leicester Coroner’s Court yesterday (AUG 19). The father-of-two had travelled more than…
DetailsThe Health and Environment Committee scrutinises the VAD bill at a public hearing in Rockhampton in July. By Duncan Evans Conscientious objection to voluntary assisted dying (VAD) may not be an option for Queenslanders if the state governments bill to legalise VAD is passed in its present form, a leading healthcare provider has warned. In…
DetailsInternational high-roller gamblers left Crown Perth fighting to recover debts as high as $29 million, the Perth Casino Royal Commission has been told. Key points: Luring high rollers to Crown often resulted in big debts, it was heard One gambler racked up $29 million in debt Recouping the money was hard because most lived overseas…
DetailsSmall business closes doors during COVID-19. Source: Unsplash/Anastasiia Chepinska. Australias latest lockdowns pose a challenge for the Australian Tax Office: start collecting the business debts outstanding from 2020 and risk putting companies under further pressure, or allow those debts to continue to grow. The news this week that businesses with over $100,000 in tax debts…
DetailsA report issued this week by the global corporate consultancy firm EY, formerly known as Ernst & Young, provides a naked picture of the financial aristocracys exploitation of the COVID-19 pandemic to accelerate the pro-business restructuring of tertiary education. Part of Macquarie University in Sydney [Credit: mq.edu.au] The report, entitled The Peak of Higher Education,…
DetailsPRESIDENT Samia Suluhu Hassan on Tuesday addressed the 41st Ordinary Summit of SADC Heads of State and Government, calling for debt relief to help developing nations overcome the effects of Covid-19 pandemic. The Tanzanian President underlined the need for regional leaders to speak with one voice in asking for debt relief or extension of repayment…
DetailsOne of Sydneys most iconic restaurants and late-night hangouts in Chinatown has become the latest victim to the states strict Covid-19 lockdown restrictions. Golden Century Seafood Restaurant on Sussex Street in the Chinatown district has gone into administration after serving Sydneysiders for 31 years. Frequented by politicians and anyone looking for a delicious and authentic…
DetailsOne of Sydneys most iconic eateries Golden Century Seafood Restaurant has gone into administration with the owners blaming the ongoing impact of COVID-19 shutdowns and a lease dispute. Chifley Advisory has been appointed administrator of the institution in the heart of Sydneys Chinatown and a meeting of creditors will be held on August 27. Golden…
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