Associate editor Primrose Riordan and courts correspondent Max Mason on why Jon Adgemis is struggling to keep the details of his $1.8 billion financial collapse secret and what his story tells us about the private credit market.
This podcast is sponsored by Westpac.
Further reading:Jon Adgemis thought he was winning. Then his CFO took the standThe failed pub baron has been trying to keep the details of his $1.8 billion financial collapse secret. But a chatty former accountant is making that difficult.Adgemis’ right-hand man alleges tax con funded ‘exorbitant lifestyle’The business affairs of the former KPMG deal maker-turned-bankrupt are being scrutinised, with allegations of “sham arrangements” to pay for his spending.From playboy pub baron to bankruptcy: Inside Jon Adgemis’ $1.8b fallFrom KPMG consultant to “glamour banker” with the “Midas touch” to junk-debt-laden bankrupt. It’s been a wild ride for Jon Adgemis and Public Hospitality Group.

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