Papas made on offer for 100% of the company, which was accepted by Linney, co-founder Mark Gadd and investors who bought into Autonomous in 2018. The common thread between iugis and other companies caught up in the loans dilemma is that Bill Papas was the sole director and company secretary on all of them. To be caught up the affairs of Bill Papas, who appears to have fled the country to Greece possibly to avoid the attention of banks from whom he borrowed hundreds of millions of dollars, is a grim prospect for the remaining original founder of a company dedicated to hooking business up to clean energy.