A Sydney businessman accused of supplying a commercial quantity of cocaine has narrowly avoided having his bail revoked, with a judge citing the “very fortunate” support of his partner, former model Monique Belovukovic, in allowing him to remain in the community.
Mario Alexandridis, 47, who faces drug supply and proceeds-of-crime charges linked to an alleged $1 billion cocaine network, appeared in the Downing Centre District Court last Thursday after admitting breaching his $4 million bail conditions.
Despite the breach, Judge Kenneth Averre refused to revoke bail, finding Alexandridis had come “very close” to losing it but crediting Ms Belovukovic’s role in ensuring compliance with strict conditions, including remaining at their Mosman home and only leaving when accompanied.
The court heard Alexandridis was arrested during Strike Force Raptor raids and is accused of involvement in the supply of cocaine and laundering around $1 million, with prosecutors citing DNA evidence and phone records.
His defence said he suffers from schizophrenia but is now more stable under treatment and strong family support. He has not entered a plea and is due to face court again in June.
Source: Daily Mail
