Disgraced former deputy mayor Salim Mehajer is likely to lose the home where he held his infamous wedding – as it is revealed he owes creditors $24million.
Despite claiming to have $65,000 in cash, the controversial property developer’s bank account is overdrawn by $41,800, Seven News revealed on Tuesday.
A report to creditors shows the luxury cars Mehajer was often seen driving were actually not owned by him.
Disgraced former deputy mayor Salim Mehajer is likely to lose the home where he held his infamous wedding to Aysha Learmonth
The controversial property developer’s finances were revealed by Seven News , showing Mehajer has -$41,800 in his bank account
He claims more than $1million worth of jewellery, furniture and art was stolen while he was in jail, but no police report has been made relating to this.
His estate is in the red to the tune of $11.5million, according to Seven News.
He owes millions of dollars on his Lidcombe home in western Sydney where he held his infamous wedding in 2015, and is likely to lose possession of the $3.8million property.
The report to creditors shows Mehajer’s event planning business never actually traded, and he claims the records from his other companies were either stolen or destroyed
The report to creditors shows Mehajer’s event planning business never actually traded. He claims the records from his other companies were either stolen or destroyed.
Mehajer’s estranged wife Aysha Learmonth was given a home by Mehajer’s father Mohammed – but there is now a dispute over who has ownership of the property, as she claims her signature was forged on a loan agreement.
Salim and Mohammed Mehajer transferred $20million in 2015 to accounts in Lebanon, the publication reported.
Salim is due in court next month as he attempts to have his bankruptcy declaration annulled.
A cleaner who used to work for Mehajer also successfully proved that he is owed more than $25,000 in outstanding payments.
Mehajer is currently behind bars after being refused bail. He is accused of staging a car crash in 2017 to avoid court.
A cleaner who used to work for Mehajer also successfully proved that he is owed more than $25,000 in outstanding payments
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