‘One disaster after another’: Failed pub baron’s former accountant turns on him

In Federal Court examinations into Jon Adgemis’ $1.8 billion collapse, former CFO Alexander Andruska said Adgemis’ businesses were under constant financial stress, were used to fund his lavish lifestyle and relied heavily on $77 million in GST refunds that the ATO is examining as part of an alleged sham tax scheme.

More from SMH (subscription required) and ABC News.