Westpac has dropped the $12.6 million claim against Anastasios Giamouridis today, in a long running case over his former partner, alleged Forum Finance fraudster Bill Papas.
According to The Australian, the Federal Court heard on Friday the bank would be ceasing the matter against Mr Giamouridis, who Westpac had claimed owed it $12.6 million.
Mr Giamouridis’ solicitor, Mr George Anton, said in a statement after the verdict that his client was “pleased and relieved” the matter had been dismissed.
“Mr Giamouridis has been completely vindicated,” Mr Anton said.
FULL STORY: The Australian.
