Mr. Papathanasakis purchased the bar on Oct. 1, 2012, for $2.05-million, according to land-registry records. He is the sole officer of a numbered company that made the purchase, which was financed in part with a $1.3-million loan from the Italian Canadian Savings & Credit Union Ltd.
One of the guarantors for that loan was John Aquino, the vice-president and general manager of Bondfield Construction Co. Ltd., a major builder of new schools. Most recently, Bondfield was awarded contracts totalling $11.6-million for additions to two TDSB schools.