From the Archives, 1994: Skase has his freedom - and a story to sell

Businessman Christopher Skase contributed to Victoria's biggest financial debacle, the collapse of the State Bank of Victoria. He was one of the biggest single borrowers from SBV's out-of-control merchant bank, Tricontinental, which lent and lost more than $150 million to various companies in the Qintex group, and to Mr Skase himself. In 1991 he declared himself bankrupt to the tune of $170m and, facing fraud charges, fled to Spain from where, armed with a passport from the Commonwealth of Dominica, he fought off attempts to extradite him until his death in Majorca on August 6, 2001.

from Sydney Morning Herald - Latest News
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