Clive Palmer Sued by Liquidators Over Queensland Nickel
AAP: Dan Peled
Story by ABC News.
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CLIVE PALMER, his nephew Clive Mensink and 19 others are being sued for about half-a-billion dollars by liquidators appointed by the Federal Government.
PPB Advisory has lodged a claim with the Supreme Court of Queensland to regain money for creditors, employee entitlements and compensation from Mr Palmer’s companies including Queensland Nickel (QNI).
The receivers alleged Mr Palmer and Mr Mensink breached their duties as QNI directors, and traded while insolvent.
PPB Advisory is seeking a declaration from the court that Mr Palmer was a “shadow director” of QNI, and should pay more than $207 million in damages.
The company also wants $110 million in compensation from Mr Mensink and $25 million from former QNI managing director Ian Ferguson.
“Mr Palmer made his instructions and wishes regarding QNI known to Mr Mensink, Mr Ferguson, and other officers and employees verbally and in writing, including through email correspondence and text messages,” the state of claim said.