http://www.abc.net.au/news/2016-09-05/c ... el/7814596
Queensland Nickel's former chief financial officer, Daren Wolfe, has told Brisbane's Federal Court that all expenses over $10,000 had to be approved by Clive Palmer, even after he quit as a director.
Mr Wolfe told the court that Queensland Nickel's owner, Mr Palmer, had an active involvement in financial decisions.
There was an approvals process in place that meant expenditure needed to be reviewed by Mr Palmer, managing director Clive Mensink and Mr Palmer's son Michael before going ahead.
Tom Sullivan QC for special purpose liquidators PPB Advisory asked Mr Wolfe if it was common for Mr Palmer to "dictate" how Queensland Nickel spent its money.
"I don't think dictate is the right word — there was an approvals process," Mr Wolfe said.
The court also heard weekly and monthly financial statements were prepared in the lead up to the company's collapse and Mr Palmer liked to have some reports delivered in hard copy because of fears of espionage.
The Townsville refinery went into voluntary administration in January with debts totalling $300 million.
The Federal Government is pursuing around $70 million it paid in workers entitlements.
The court was told Mr Palmer was involved in decisions to delay payments to creditors, including the millions owed to freight company Aurizon.
It was revealed that by late 2015 Queensland Nickel's cash flow problems were hindering its ability to pay creditors.
Mr Palmer and former managing director of operations, Ian Ferguson, have also been summonsed to appear.
The hearing continues.
Aussie's Best Mate CLIVE
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- Rorschach
- Posts: 14801
- Joined: Wed Jun 06, 2012 5:25 pm
Re: Aussie's Best Mate CLIVE
Aussie's been very quiet about Clive for ages now....
he's so politically astute...
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he's so politically astute...
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DOLT - A person who is stupid and entirely tedious at the same time, like bwian. Oblivious to their own mental incapacity. On IGNORE - Warrior, mellie, Nom De Plume, FLEKTARD
- Black Orchid
- Posts: 25815
- Joined: Sun Sep 25, 2011 1:10 am
Re: Aussie's Best Mate CLIVE
Now he is having a meltdown about the Council allegedly shooting deer on his property.
So he's going to return to politics to sue Gold Coast Council? Say it isn't so!
http://www.news.com.au/finance/work/lea ... 32bf9e68a5In a Facebook post on Saturday, the former Palmer United Party leader said council workers “armed with high-powered rifles” entered his Robina property and “fired shots killing my livestock and endangering human life”.
“Consultants and my employees observed them,” he wrote. “They removed the carcasses of at least 10 red deer from inside my property boundary and investigations have revealed they sold the meat from those animals to Gold Coast restaurants at up to $40 per kilogram.
“The potentially murderous actions of those officers needs to be investigated and stopped. Tom Tate, the Mayor of the Gold Coast needs to take immediate executive action. Small children under 10 years of age reside on my property and could have been killed by this raid.
“Regardless of people’s political views, the use of weapons and discharging of firearms inside a person’s property is a criminal offence. I intend proceeding actions through the courts against the Gold Coast Council and their rogue killers and any cover up. I also intend to report this matter to police who have the duty to protect the residents of Queensland.
“If guns are used to intimidate my staff and no action is taken to stop this, I will return to the political arena to change the Gold Coast Council for the benefit of all Gold Coast residents. Small children and families should be able to play in their backyard without fear the government will fire guns in or on their property.”
Gold Coast Council spokesman Warwick Sinclair said the council “strongly refutes” the allegations, but said the council had on occasion been forced to euthanise deer that had escaped Mr Palmer’s property and “gone ballistic in the streets”.
“Animal Management officers have not been to the property recently, officers would not enter a property without a warrant, and we have no record of the allegations he is making,” he said in a statement.
“Council has also checked that it has not issued a contract for such services. [There] has been an ongoing problem with deer at this property. We have had calls from QPS in the past as deer have escaped and caused danger on the roads.
“A number of notices have been issued to Mr Palmer in the past for failing to maintain the property and allowing deer to escape.”
So he's going to return to politics to sue Gold Coast Council? Say it isn't so!
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- Posts: 6433
- Joined: Wed Nov 30, 2016 9:52 am
Re: Aussie's Best Mate CLIVE
he is THREATENING to COME BACK....OMG
aussie will be beside himself...
I wonder if it was his ex employees from Qld Nickel.... looking for their money...
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aussie will be beside himself...
I wonder if it was his ex employees from Qld Nickel.... looking for their money...
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- Black Orchid
- Posts: 25815
- Joined: Sun Sep 25, 2011 1:10 am
CLIVE
At $40 per kg wholesale for the deer perhaps it was? 
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