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David Catsoulis promotes new $477m mining venture amidst past failures

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David Catsoulis promotes new $477m mining venture amidst past failures

David Catsoulis, a twice-bankrupt mining promoter, is once again pursuing a new venture, despite past failures. His company, AU Finance, is attempting to raise $US300 million ($477 million) for a “hi-tech refinery project” in Queensland.

According to The Advertiser, the project claims to hold one of the world’s richest precious metals deposits, with an estimated value of $1 billion in gold and precious metals.

The refinery is reportedly expected to generate five times the initial investment within the first year. However, the project is shrouded in mystery, with Catsoulis denying its existence when questioned.

Catsoulis has a history of failed ventures, including Warwick Gold Holdings and Impact Gold, both now in liquidation. These companies promised major returns from precious metals projects in Queensland and Papua New Guinea, but neither materialised.

Warwick Gold had its mining tenements stripped by the Queensland government after its application was deemed inadequate.

The AU Finance website highlights Catsoulis’ leadership and portrays him as the “founding force” behind National Storage, a $3 billion ASX-listed company, though National Storage did not respond to inquiries.

The website also promotes Catsoulis’ new project, calling it a bold and ambitious endeavour aimed at proving his critics wrong.

AU Finance’s website lists Kamal Kumar Karia, a Mumbai-based entrepreneur, as the company’s CEO, claiming Karia is behind the creation of a blockchain-backed cryptocurrency, Zenga Gold Coin (ZGC), linked to investment-grade gold.

However, no evidence of the cryptocurrency’s existence could be found online, and the company’s global presence remains unclear.

Source: The Advertiser.

Sarantis Parissos faces victim impact statements over hit-and-run and police car theft

The Greek Herald
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Sarantis Parissos faces victim impact statements over hit-and-run and police car theft

A female police officer who was dragged along the ground in a horrific hit-and-run has expressed doubts about continuing her career in the force due to the trauma.

The incident, involving former seafood heir Sarantis Parissos, 41, took place in January 2022. Parissos showed “complete disregard” for the officer’s life and later stole a police car in a separate incident.

In a victim impact statement read at the District Court on Friday, February 7, the officer shared how the event “tipped her life upside down” and left her “frozen in pain.”

She said, “2022 was the worst year of my life, physically and mentally,” and added, “I try my best to enjoy my job but I don’t think I can remain as a police officer due to the trauma of this incident.”

She emphasised that her health was more important than being “treated like a speed bump.”

Photo: 7NEWS.

The incident occurred when police spotted Parissos speeding along Sir Donald Bradman Drive in a black Range Rover. As officers attempted to arrest him, he reversed the vehicle, dragging the female officer for several metres before fleeing.

Parissos later abandoned the car near Grange Rd, but ran into oncoming traffic and was hit by a car, suffering a broken neck. Both he and the injured officer were hospitalised.

Parissos had also stolen a police car in December 2021. In that incident, he was confronted by police while on a motorcycle, leading to a dramatic chase. One officer was thrown 10 metres from the vehicle, suffering a dislocated shoulder.

Parissos, from West Lakes, pleaded guilty to multiple charges, including dangerous driving and hindering a police officer. His lawyer acknowledged the “catastrophically bad” decisions made by Parissos, who was under the influence of drugs at the time.

Parissos, who had previously worked at his father’s seafood business, has since apologised to the officers. Sentencing is scheduled for March.

Source: The Advertiser.

Basil Zempilas faces Labor’s attacks in WA election race

The Greek Herald
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Basil Zempilas faces Labor’s attacks in WA election race

Basil Zempilas, a prominent television figure and Lord Mayor of Perth, has become a central target in the Western Australian election campaign, despite being a key figure in the Liberal Party’s strategy.

Labor Premier Roger Cook and his team have prominently featured Zempilas in their attack ads, portraying him as a polarising figure.

Labor’s research, including door-knocking, suggests he is divisive among voters, and they have used this to shift focus away from their own record.

Zempilas, however, defended his involvement, saying Labor’s focus on him was a diversion from its failures, particularly in health and cost of living.

Photo: ABC News / Andrew O’Connor.

“If you hear the Premier or a minister mention my name, they are doing that because they want you to take your eye off their chronic un-delivery,” he said.

Zempilas is widely expected to win the seat of Churchlands in Perth’s affluent western suburbs, a seat lost by the Liberals in 2021. He appeared alongside Liberal leader Libby Mettam to announce the party’s latest health policy.

Mettam, who had previously faced a leadership challenge, praised Zempilas as an asset to the Liberal team, contrasting him with Cook’s handling of the state’s health system.

Premier Cook criticised the Liberal opposition for its perceived inaction, calling it the “laziest opposition” in WA history. Zempilas, in turn, expressed his support for Mettam, calling her leadership inspiring given the party’s resource limitations.

Source: The Australian.

Jon Adgemis settles debts and plans venue relaunches

The Greek Herald
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Jon Adgemis settles debts and plans venue relaunches

Sydney pub mogul Jon Adgemis has paid $400,000 to creditors as part of a deal to settle debts from his former hospitality empire, Public Hospitality Group, which fell into administration late last year.

This payment, the first of two instalments, is part of an agreement that will see Adgemis contribute a total of $1 million in cash, plus $6.7 million in the form of a convertible note.

According to The Australian, the remaining $600,000 is set to be handed over in the coming months.

As part of his recovery plan, Adgemis is focused on the completion of several significant renovations, including the 19-room boutique hotel, The Flinders in Darlinghurst, and the Exchange in Balmain.

Photo: David Swift.

Additionally, he is looking to sell off some of his Melbourne venues, including the Saint, Vine, and Clifton hotels, in favour of concentrating on his Sydney properties.

Meanwhile, several of Adgemis’ former venues have been taken over by new operator Linchpin, led by industry veteran Terry Soukoulis.

Linchpin is now managing venues such as the Empire Hotel in Annandale, the Clifton Hotel, and the Lady Hampshire Hotel. The group also plans to reopen the Bayswater Sydney Hotel and Noah’s Backpackers in Bondi.

Soukoulis emphasised that Linchpin is distinct from Adgemis’ former operation and is focused on building a separate identity.

Source: The Australian.

Pharos Alliance meets with the Honourable Jenny Mikakos

The Greek Herald
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Pharos Alliance meets with the Honourable Jenny Mikakos

On the occasion of International Greek Language Day, members of Pharos Alliance recently had the pleasure of speaking with Jenny Mikakos, a Member of Victorian Parliament between 1999 and 2020. 

Ms Mikakos, a supporter of Pharos since its launch in 2021, was happy to hear of the Alliance’s advancements in promoting and maintaining Greek in the state of Victoria.

During her tenure as a Minister and as an MP for the Victorian government, Ms Mikakos was instrumental in ensuring the maintenance of many Greek language programs in the public education system. She was also responsible for introducing languages as part of the Early Years curriculum.

It is Pharos’ intention to continue advocating for the Greek language and seeking support from interested individuals, stakeholders, as well as by meeting with members of government and other Victorian parliamentarians.

Stay informed about the Pharos Alliance’s work via Facebook at https://www.facebook.com/pharos2021 or email them at pharos.au@gmail.com

Dennis Bastas secures entire $1 billion MCoBeauty empire

The Greek Herald
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Dennis Bastas secures entire $1 billion MCoBeauty empire

Billionaire Dennis Bastas has fully acquired MCoBeauty, the cosmetics brand known for creating affordable versions of popular products, in a deal valuing the company at approximately $1 billion.

Bastas’ DBG Group initially took a 50% stake in MCoBeauty in 2022, but now owns the entire business, with the latest transaction reportedly costing at least $500 million.

Founded in 2020 by Shelley Sullivan, MCoBeauty has seen remarkable growth, with revenue forecasted to reach $300 million this year.

The brand is renowned for replicating viral beauty products at a fraction of the cost, making its mark in supermarkets and chemists.

MCoBeauty has expanded internationally, launching in 1800 Kroger stores in the US and recently in 1200 Target locations.

Sullivan, who will step down as CEO, credited DBG’s investment for accelerating MCoBeauty’s growth and enabling its entry into major global markets. As part of the transaction, Sullivan will focus on new ventures, including joining Creative Artists Agency in Los Angeles.

Source: AFR.

Greek Community Women’s Cup heats up as finalists emerge

The Greek Herald
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Greek Community Women’s Cup heats up as finalists emerge

The Greek Community Women’s Cup delivered another round of exhilarating football, with teams showcasing skill, determination, and heart in a series of intense matchups. 

Spectators were treated to thrilling goals, dramatic saves, and last-minute heroics as the competition edges closer to its grand finale.

In a gripping contest, Heidelberg and Box Hill battled fiercely, with Box Hill taking an early lead through a brilliantly executed corner kick that soared past the Heidelberg keeper.

Determined to fight back, Heidelberg pressed forward relentlessly, and their persistence paid off late in the game with a stunning strike from outside the box to equalise.

As both teams pushed for a winner, Box Hill’s keeper made a crucial last-minute save, ensuring the match ended in a hard-fought 1-1 draw.

The showdown between Oakleigh Cannons and Malvern Valley saw Malvern dominate with composure and precision, securing a commanding 3-0 victory. Their controlled possession and strategic long balls kept Oakleigh’s defence under pressure throughout the match.

Despite the scoreline, Oakleigh’s young squad put up a valiant fight, with their goalkeeper making a series of outstanding saves to prevent further damage. The energy from the crowd fuelled both teams, but Malvern’s experience ultimately sealed the win.

The most fiercely contested match of the round saw Keon Park edge out East Kew in a high-intensity 2-1 victory. The game was marked by relentless attacks and impressive defensive efforts, with East Kew creating multiple chances to equalize.

However, Keon Park’s keeper proved to be the difference, pulling off crucial saves to keep their lead intact.

Despite East Kew’s valiant effort, Keon Park held strong to secure their place in the tournament final.

With the Greek Community Women’s Cup Final set for next Sunday, anticipation is at an all-time high. Keon Park will now prepare to battle for the championship, as this year’s tournament continues to deliver top-tier competition and thrilling football moments.

Stay tuned for more updates on the road to the final! Full fixtures, scores, and updates will be announced at: https://www.greekcup.com.au/

Winning start for South Melbourne FC in the NPL Victoria

The Greek Herald
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Winning start for South Melbourne FC in the NPL Victoria

South Melbourne FC made a strong start to the National Premier League Victoria season with a 1-0 away win against Port Melbourne Sharks at the S.S. Anderson Oval. 

In front of around 1,400 spectators and an eventful first half, Port Melbourne Sharks were reduced to 10 players in the 18th minute when Nathan Dibb (No. 80) was sent off with a direct red card.

The No. 10 player was lucky to only receive a yellow card instead of a red. 

Five minutes later, South Melbourne scored with a close-range shot by Max Mikkola. From then on, the game was one-sided in favour of South Melbourne, who dominated with possession but had few clear chances to score. 

On the other hand, Port Melbourne Sharks never created any opportunities to score, with the South Melbourne goalkeeper mostly a spectator throughout the match.

Sydney Olympic FC kick off new season on the right foot

The Greek Herald
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Sydney Olympic FC kick off new season on the right foot

Sydney Olympic FC kicked off the new season of the National Premier Leagues Men’s NSW with a narrow 2-1 opening round win over St George FC.

After both sides scored early in the first half, the even contest was sliced open by a beautiful Adam Parkhouse volley in the second half that in the end proved to be the decisive goal in a gala-day like atmosphere at Belmore Sports Ground with the presence of numerous junior Sydney Olympic sides cheering on their first grade heroes.

The first real chance of the game was St George FC’s opening goal directly from a mercurial free-kick by Jaden Casella in the 4th minute that beat all and sundry and ended up in the top corner of the net.

Sydney Olympic hit right back a few minutes later with the equaliser. Parkhouse went galloping down the left channel before placing a great ball into the middle for Seth Clark to score from close range and it was now game on between these two historic clubs.

In the 15th minute a Zac Zoricich throw-in reached the middle and was flicked on to the far post where it found Jack Armson, but the former APIA Leichhardt player could only centre the side netting with his attempt.

A few minutes later Armson really should have doubled Sydney Olympic’s lead when, from just outside the box, his powerful shot on target brought out the best in visiting goalkeeper Mackenzie Syron.

Chan Yelchan in the 23rd minute had a great opportunity for St George FC when he created some space but in the end he fired over the crossbar.

It was Bai Antoniou who went even closer a few minutes later for St George but his rocket of a shot went narrowly wide of the target and crashed into the signage behind the goal with some vigour.

Just prior to the break St George FC went close again with Justin Poon heading towards the by-line before crossing the ball to Yelchan, but the latter’s diagonal shot took a slight deflection and went just wide. Both sides then went into the sheds all square after an exciting and even opening half of football.

The opening salvo of the second stanza of play belonged to the visitors when a looping free-kick by Casella in the 47th minute reached his captain Troy Danaskos at the far post but his header went wide.

In the 67th minute Sydney Olympic sent the healthy home crowd into raptures with a tremendous goal from Parkhouse to give the Blues the lead. After a corner was punched away by Syron, there was some back-and-forth with the ball into the area before Parkhouse latched onto it with a superb volley that never looked like going anywhere else except into the back of the net.

St George came ever so close to equalising in the 75th minute when a counter-attacking move saw Thomas Dunn enter dangerously into the box before his shot was blocked by ‘keeper Jack Gibson but only as far as Sunday Yona who, with an open goal, inexplicably shot wide.

In the 86th minute Dunn received a nicely squared ball from the left but he met it meekly and goalkeeper Gibson had no trouble getting down to it. It was to be the last real opportunity of the encounter,

After the game in the Sydney Olympic dressing room coach Labinot Haliti spoke with pride about his side but wasn’t getting too carried away.

“First games are always difficult because there is a lot of build-up in the off season,” he stated.

“We are a little bit different from the past two or three years because there are a lot of young boys here and they need time to gel and time to keep working.

“Results like today make the boys understand that what they are doing pays off because it is the performance that we are looking for and that first goal that we scored is us, as the ball doesn’t leave the ground before it hits the back of the net.

“St George are a good team with good players who have been in the league for a while and they understand what it takes to win games.

“In the first 20 minutes and the last 15 minutes especially they gave us some issues, but you are never going to have a match with a perfect 90 minutes so we need to manage it and that’s what we did.”

In the other dressing room new coach Fabian Miceli was disappointed but still paid credit to his side who played well throughout despite not getting any points.

“I thought that we definitely deserved to get something out of the game today,” he stated. “We played well and we had a little bit of nerves early on but once we settled into the game, especially in the second half, we dictated the game.

“It’s just little moments that hurt us today but everyone can see this is a good squad and we lost today and that’s football. Olympic is a good team.

“I am looking forward to a big season and the boys are ready. We had a really big pre-season, the players are excited, I am excited and it has been a great lead up with all the Football NSW events and media too.”

*By National Premier Leagues NSW Men’s reporter Joe Russo

Natalie Saridakis among new paramedics in training to join NSW Ambulance for 2025

The Greek Herald
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Natalie Saridakis among new paramedics in training to join NSW Ambulance for 2025

NSW Ambulance has welcomed 91 paramedics in training who were officially inducted into the service in a ceremony held last week at the State Operations Centre in Sydney, providing a further boost to frontline health services across the state.

This marks the first induction ceremony of the year, with this cohort part of a Post Employment Tertiary Pathway (PETP) course. The paramedics in training are employed by NSW Ambulance while they complete a degree in paramedicine at university. 

They have just completed a comprehensive 12-week induction program at the NSW Ambulance Education Centre and begin their on-road training as paramedic students from this week.

The PETP course is facilitated over four years and provides an alternate pathway for people with no prior medical experience to become a paramedic with NSW Ambulance. Once these paramedics in training have completed their degree qualification, they can apply to be registered paramedics.

Natalie Saridakis, formerly an emergency medical call-taker with NSW Ambulance, is one of 19 paramedic students who have joined this class after working in NSW Ambulance Control Centres.

Photo: Isabella Porras.

“For many years I was a carer for my mum, having frequent contact with the local paramedics,” Natalie said.

“I was always impressed by their compassion and kindness that it really inspired me to join NSW Ambulance. 

“I started out as an emergency medical call-taker which was a great start, but right now I am so excited to begin this new chapter.” 

Brad Carr also starts his career as a paramedic student today, following in the footsteps of his paramedic father Dominic, who works as an educator for NSW Ambulance.

“I am proud to continue a family legacy in becoming a paramedic,” Mr Carr said.

“My father has had a lengthy career, and I am looking forward to forging my own path.”

The paramedics in training will initially be posted across metropolitan and regional locations in NSW for the on-road training component of their course and will return to the NSW Ambulance Education Centre and their university regularly for additional training over the four-year course. 

NSW Minister for Health, Ryan Park, said “I’m thrilled to welcome 91 new paramedic students into the NSW Ambulance service, boosting frontline health services and playing a critical role in the health and wellbeing of the community.”

“By aspiring to join the paramedic ranks, these paramedics in training will become part of a legacy of service and dedication. The work they do not only changes lives but will uphold the values and standards of a profession that is deeply respected and admired,” Minister Park added.

NSW Ambulance Chief Executive Dr Dominic Morgan said, “These paramedic students join an incredible team that is united by a shared commitment to provide emergency medical care and comfort to members of our community when it matters most.”

“Paramedics are not only healthcare providers but also trusted and respected individuals in our community,” Dr Morgan added.

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