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You can find the current article at its original source at https://www.theguardian.com/australia-news/2018/apr/06/clive-palmer-hit-with-criminal-charges-over-sunshine-coast-resort
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| Version 0 | Version 1 |
|---|---|
| Clive Palmer hit with criminal charges over Sunshine Coast resort | Clive Palmer hit with criminal charges over Sunshine Coast resort |
| (about 1 hour later) | |
| Clive Palmer has been charged with criminal offences by the corporate watchdog in relation to his troubled Sunshine Coast resort. | Clive Palmer has been charged with criminal offences by the corporate watchdog in relation to his troubled Sunshine Coast resort. |
| The businessman and former federal politician is facing one charge of aiding, abetting, counselling or procuring the commission of an offence by another person. | The businessman and former federal politician is facing one charge of aiding, abetting, counselling or procuring the commission of an offence by another person. |
| During a brief mention at Brisbane magistrates court on Friday, at which Palmer did not appear, his lawyer Christopher Wilson said they would be arguing there was no case to answer when the matter goes to a hearing in June. | During a brief mention at Brisbane magistrates court on Friday, at which Palmer did not appear, his lawyer Christopher Wilson said they would be arguing there was no case to answer when the matter goes to a hearing in June. |
| Palmer Leisure Coolum Pty Ltd has also been charged by the Australian Securities and Investments Commission with proposing or announcing a bid then failing to make an offer within two months. | Palmer Leisure Coolum Pty Ltd has also been charged by the Australian Securities and Investments Commission with proposing or announcing a bid then failing to make an offer within two months. |
| Palmer has applied to the supreme court for the charges to be permanently stayed and that is expected to come before the court in 19 April. | |
| “The charges carry a maximum penalty of two years’ imprisonment and fine of $11,000 for an individual, and fines of $55,000 in respect of a corporation,” Asic said. | |
| The June hearing is expected to run for one hour and Palmer is due to appear. | The June hearing is expected to run for one hour and Palmer is due to appear. |
| Clive Palmer | Clive Palmer |
| Queensland | Queensland |
| Sunshine Coast | Sunshine Coast |
| Business (Australia) | Business (Australia) |
| news | news |
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