Solomon Lew will be a happy man today as Labor Party identity and
failed businessman Andrew Landeryou was arrested this morning at
Melbourne Airport when he returned to Australia after five months on
The man who masterminded the failed property
development play at the Melbourne University Student Union and also
cost Solly Lew $4 million through failed company IQ Corp, will have a
lot to answer for, as The Age explained in this excellent feature on a few days ago. The lad probably ran out of money as The Age did indeed predict:
There is a bank account in Melbourne that authorities are
watching very closely. Every so often, someone draws off a few thousand
dollars. A bit gets sent here, a bit there. And once the money runs
out, the authorities believe that runaway businessman Andrew Landeryou
will return to Australia.
The Arrowhead Media bank account, and
the way it is being managed, bear all the hallmarks of Landeryou’s
curious business dealings. There are front men, false names, bogus
directors and a chain of money transfers that crisscross the world.
35, fled the country in early December, dumping a $3 million debt on
his wife, former Melbourne City councillor Kimberley Kitching, and his
father, Bill, once a state government minister and for many years a
powerful union leader and numbers man for the right wing of the ALP.
will face court this afternoon and given his record of running, he
might just find himself locked up tonight. Seeing that he no longer has
a Parkville mansion to go to after Solly Lew took possession last week,
that might be quite convenient.