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Clive Palmer summonsed to appear before Federal Court over Queensland Nickel collapse
Wednesday, 17 Aug 2016 07:46:08
Billionaire mining magnate Clive Palmer speaks to the media after he announced the newly formed Football Australia, an independent organisation to oversee football at grassroots and senior levels, in Brisbane on March 1, 2012. Palmer formed the new independent organisation aimed at holding governing body Football Federation Australia to account for how it runs the game. The move comes a day after Palmer's club Gold Coast United was kicked out of the domestic A-League by FFA chief and fellow tycoon Frank Lowy for contravening regulations. (AFP: Tertius Pickard)
Clive Palmer has been issued with a Federal Court summons to face questions next month over the collapse of his company behind the Yabulu Nickel refinery, near Townsville in north Queensland.
Federal Court registrar Murray Belcher ordered Mr Palmer to appear on August 30 so he can answer questions about the collapse of Queensland Nickel, which is in liquidation.
A summons was ordered to be sent to Mr Palmer's Gold Coast home and his Brisbane office, as well as a fax number and five email addresses linked to his companies.
He has also been ordered to hand over private documents when hearings begin.
Summons were also issued for Queensland Nickel executives Ian Ferguson and Daren Wolfe.
Liquidators are seeking a summons for Mr Palmer's nephew, former director of Queensland Nickel Clive Mensink, but a decision on whether to issue one has been adjourned.
The summons come after Mr Palmer and Mr Mensink did not appear in Federal Court hearings in June, saying that they had not received the paperwork required for them to appear in person.
Queensland Nickel collapsed earlier this year, resulting in the loss of hundreds of jobs of the Yabulu Nickel Refinery.
It also owed more than $300 million dollars.
The company's collapse is still being investigated by the corporate watchdog ASIC.
The Federal Court will today hear an application from Queensland Nickel for an injunction against liquidators.
ABC/AAP
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