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Global Finance: Queensland nickel's Saga explainer - What is shadows director?

Clive Palmer (AAP)
Clive Palmer (AAP) Source: AAP

Federal MP Clive Palmer was the final approver for millions of dollars of spending at the Queensland Nickel refinery near Townsville, according to documents seen by the ABC's Four Corners program. The revelation comes as authorities investigate whether Mr Palmer was acting as a shadow director. In an interview with Ivan Leung, Finance Planner and Director of CoWealth Kam Yuen will explain how does authority prove if someone is a shadow director, and what responsibility does it imply if someone is proven to be a shadow director?


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By Ivan Leung

Source: SBS



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Federal MP Clive Palmer was the final approver for millions of dollars of spending at the Queensland Nickel refinery near Townsville, according to documents seen by the ABC's Four Corners program. The revelation comes as authorities investigate whether Mr Palmer was acting as a shadow director. In an interview with Ivan Leung, Finance Planner and Director of CoWealth Kam Yuen will explain how does authority prove if someone is a shadow director, and what responsibility does it imply if someone is proven to be a shadow director?



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