Business tycoon Achilleas Kallakis has been jailed for seven years after being found guilty of a stg£740 million fraud against AIB.
His co-conspirator Alexander Williams received a five year sentence at Southwark Crown Court.
The defendants, who operated out of a Mayfair office as the Pacific Group of Companies, conspired over a five-year period (2003-2008) to defraud AIB by using forged or false documents or claims in order to obtain substantial loans to finance...
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