Australia Clive Palmer avoids raids after handing over Queensland Nickel documents

07:22  07 december  2017
07:22  07 december  2017 Source:

Two men charged after NSW meth seizure

  Two men charged after NSW meth seizure NSW police have charged two men after interstate raids allegedly uncovered a stash of methylamphetamine and a BMW rammed police cars in Sydney's northwest.The BMW rammed cars with detectives from the NSW Police Middle Eastern Organised Crime Squad (MEOCS) when they tried to pull it over in Dundas on Monday afternoon, police said.

Mining magnate Clive Palmer is due back in court today, after finally handing over a cache of documents relating to multi-million-dollar payments Queensland Nickel made before the company collapsed.

Clive Frederick Palmer (born 26 March 1954) is an Australian businessman and former politician. He has iron ore, nickel and coal holdings.

  Clive Palmer avoids raids after handing over Queensland Nickel documents © AAP Image/Dan Peled

Liquidators will not need to raid Clive Palmer's company Mineralogy after the billionaire complied with a court-imposed deadline to hand over financial documents.

It means liquidators FTI Consulting are unlikely to follow through with threats to have Mr Palmer held in contempt of court, after they grew frustrated with their investigation being stalled.

Mr Palmer was ordered to be in the Federal Court on Thursday, but was coy about whether he would turn up.

FTI Consulting is investigating the collapse of Queensland Nickel, which accumulated about $300 million in debts and left about 800 employees out of work.

Labor two seats from majority government

  Labor two seats from majority government Premier Annastacia Palaszczuk's Labor government is two seats away from forming a majority in Queensland's parliament.The party came a step closer to its goal on Wednesday, with a likely win in the central Queensland seat of Rockhampton after independent candidate Margaret Strelow conceded defeat.

Clive Palmer shared Queensland Nickel 's video. Today we are in Townsville continuing to help support grass roots organisations in the community. We have donated over million to local causes and will continue to deliver this into the future.

Tycoon makes third attempt to avoid being interrogated by liquidators after spending much of the past week answering questions in the federal court.

They want to know what role, if any, Mr Palmer had in the company's demise even though he was not listed as a director at the time.

Mr Palmer's nephew Clive Mensink, who is overseas and subject to an arrest warrant, was Queensland Nickel's sole director.

Mr Palmer drew the ire of Federal Court justice John Reeves after missing the November 30 deadline to provide FTI Consulting with details of multi-million-dollar transactions made by his businesses.

Justice Reeves imposed a deadline of Tuesday afternoon, saying Mr Palmer would have to move "heaven and earth" to make it happen. The ABC understand Mr Palmer has complied.

If Mr Palmer missed the deadline, FTI would have been permitted to search Mineralogy's offices and retrieve the information.

Controversy surrounds Stoneman dismissal .
Given not out, overturned by DRS, and nearly overturned again. What's your decision?Stoneman, who had earlier been hit by a Josh Hazlewood short ball, seemingly evaded a Mitchell Starc bouncer during the second session at the WACA, but the Aussies all appealed for caught behind.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!