Clive Palmer will be forced to give evidence in the Federal Court on Monday
Clive Palmer will be forced to give evidence in the Federal Court on Monday Mike Garry

Clive Palmer feared espionage, received weekly updates

WHEN Clive Palmer stopped being director of Queensland Nickel, a court has heard he was still receiving updates on its financial situation, sometimes as often as once per week.

How Queensland Nickel came to its end is being pored over by the Federal Court in Brisbane as the Queensland Government attempts to recoup the $70 million in public funds used to pay out employee entitlements.

The Courier-Mail reports Queensland Nickel's chief financial officer Daren Wolfe was the first to give evidence.

Mr Wolfe said he delivered hard copy reports on Queensland Nickel's financial state, "at the request of Mr Palmer".

Why hard copies?

Mr Wolfe told the court the former Fairfax MP was concerned about espionage.

The public examination of Queensland Nickel continues.

 

EARLIER: Clive Palmer faces court over Queensland Nickel collapse

FORMER Sunshine Coast MP Clive Palmer will be forced to give evidence in the Federal Court on Monday following the collapse of Queensland Nickel.

The Courier-Mail reports today that taxpayers have paid more than $65 million in workers entitlements to the Townsville workers made redundant.

The Australian reported in July that 742 of 749 federal claims for entitlements had been paid out to workers cut adrift after the refinery went into administration.

Mr Palmer had asked for leave to appeal a decision ordering him to give evidence.

His barrister said the appeal would be on the grounds it was unconstitutional, an abuse of process and demonstrated procedural unfairness.

But on Friday afternoon the judge dismissed the application.

In April, the Federal Government vowed to pursue Mr Palmer over what was then reported to be almost $74 million owed to Queensland Nickel workers.

The government has already used the Fair Entitlements Guarantee fund to bring forward payments owed to refinery workers after the company collapsed. 

"It is extremely disappointing that the Queensland Nickel Joint Venture Partners have not taken care of this business responsibility to look after their workers," Employment Minister Michaelia Cash said at the time

Senator Cash said the government would ask a judge to appoint a Special Purpose Liquidator to help recover some of the money it expected to pay for employee entitlements. 

The public examination starts in the Federal Court in Brisbane on Monday.

The examination hearings are expected to run for two weeks.

Mr Palmer decided not to recontest his Sunshine Coast seat of Fairfax which was won by the LNP's Ted O'Brien, who only narrowly lost to Mr Palmer at the previous federal election.

There's been little love for the founder of the Palmer United Party on the Sunshine Coast after he sacked hundreds of workers at the Palmer Coolum Resort.

According to the Courier-Mail, Mr Palmer, once a self-proclaimed billionaire, has not paid a cent to Queensland Nickel workers.

The paper reported the $65.8 million payout by taxpayers to Queensland Nickel workers is the largest made under the Federal Government's Fair Entitlement Guarantee scheme.


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