The collapse of the Yaqara Studio City project, has roots in Australian television history, through the involvement of Phil Gerlach, founding Managing Director of Beyond International, in the project. We start – just start mind you – to trace the money, something that the US State Department might also be doing.
Last week the Yaqara Group was de-listed from the South Pacific Stock Exchange in Suva, Fiji. Various reports reveal that it has taken between $F22 million and $F50 million with it, and a well placed source told ScreenHub that the US State Department is likely to launch an investigation through its money laundering division.
