That's almost as funny as the way you're defending him Aussie.

First you talk about him being the sole shareholder so he can do what he likes with the profits ...

The company is in trouble ..... the receivers are in ....

and now he's one of the creditors?

Too ferkin funny Aussie ... fairdinkum ... last shower & all that ......

His company QLD Nickel of which he is sole shareholder of therefore the owner & solely responsible for it's debt owes rail company Aurizon $27 million alone for rail cartage

he's not a creditor .... he's a debtor.

Like him you're all for smoke & mirrors bullshyte to hide the truth.

aussie can you send me that link again...I have lost it...thank you.. about Clives members list....

I would also like to see the homes he has listed..

as I notice he has put one home in his wifes names as trustee for his daughter..??..

also how come he was made a director of 3 companies including Qld nickel...in Jan 2015

and then ceased to be a director of said companies including Qld Nickel in Feb 2015...

but didnt notify the govt until Dec 2015...

isnt that a bit unusual????...

You have 28 days to lodge change of company details.

http://asic.gov.au/for-business/changes-to-your-company/#timeframe-for-changes

Aussie wrote on Jan 25^th, 2016 at 4:05pm:



Sorry, serves me right for not reading all the posts.

'Members are required to notify any alterations to those interests to the Registrar within 28 days of the alteration occurring.'

http://www.aph.gov.au/Parliamentary_Business/Committees/House_of_representatives...

Aussie wrote on Jan 25^th, 2016 at 4:05pm:



Sorry, serves me right for not reading all the posts.

'Members are required to notify any alterations to those interests to the Registrar within 28 days of the alteration occurring.'

http://www.aph.gov.au/Parliamentary_Business/Committees/House_of_representatives...

Why does Mal Brough not appear on that List?

Clive Palmer could be held personally liable and face a hefty compensation payout if he is found to have operated Queensland Nickel as "shadow director" while the company was insolvent.

The billionaire MP has warded off accusations he has been secretly running the troubled refinery, maintaining that he retired from the company in 2013 when he entered the political arena.

But Mr Palmer admits he did remain part of an expenditure committee, and signed off on company purchases using an email under the name Terry Smith.

According to corporate law Professor Ian Ramsay of Melbourne University, it is possible for "director's duties" to be imposed on people who are not properly appointed as a director.

"If they are found by a court to be either a de facto director or a shadow director and also found to have breached their duties, that person can be personally liable and possibly be held to pay compensation," he said.

Professor Ramsay said if Mr Palmer was found to have been operating in the capacity of a director of Queensland Nickel, the implications could be significant.

"In particular, important director's duties apply to that person, and if a court finds that one or more of those duties are breached, then personal liability can be imposed on that person."

Professor Ramsay said "director's duties" included the duty to exercise reasonable care and diligence, to act in the best interest of the company, and not to have their company trade while it is insolvent.