Christopher Skase's millions were apparently spent in Majorca and all that remains is the shell of an apartment block, a luxury resort and some small change. His son-in-law and business manager, Tony Larkins, who returned to Australia yesterday, handing himself over to police and Skase's bankruptcy trustee Max Donnelly, is understood to have told the authorities that the money was frittered away before Skase died in Majorca last year. Donnelly has spent the past ten years scouring the globe trying to find Skase's millions, but it now looks like there is nothing left. When Skase died, the family claimed that he left no will and no money, however it appears that his widow Pixie has managed to salvage millions of dollar of jewellery and life insurance, although Donnelly has made it clear that if what Larkins says is correct, he will give up the hunt. There are no pots of gold, Skase once told the Bulletin, however there may have been six years ago, but there certainly are not now. Skase invested in an apartment complex in the Port of Andratx. It was never completed and last year was up for sale for one million pounds. He also tried to launch a huge luxury complex along the Valldemossa coast, at one point plots of land were being offered on the internet, but the project was blocked by the building moratorium. But he also had to cover the costs of ten years of legal fees and medical bills, plus Larkins has said that Skase and his wife spent the rest during his last year alive in Majorca.
Skase blew missing millions in Majorca, says son-in-law
25/10/2002 00:00
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