Author name: Clyde Mooney

PUBLIC LANDS $400m REFINANCE, WITH CONDITIONS

High flying banker turned publican Jon Adgemis has secured a $400 million refinancing deal to save his floundering hospitality gambit, but will be forced to sell down. According to sources, an agreement has been reached this week with the group’s major lenders Deutsche Bank, Gemi Investments and Archibald Capital, providing funding earmarked to pay staff, […]

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HOTELIER CONVICTED OF STEALING MILLIONS FROM ABORIGINAL TRUST

A septuagenarian hotelier and financial advisor has been found guilty of swindling nearly $3 million from the Yugunga-Nya trust, supposedly to prop up his pub.   Thomas Graham Greenaway operated as trustee to the charitable fund, distributing mining royalties to the Aboriginal people who owned the land. Greenway is part-owner of the troubled Freemason’s Hotel,

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