CLIVE PALMER GRILLED ON QUEENSLAND NICKEL COLLAPSE
WHO: Clive Palmer - former federal MP, mining magnate, billionaire.
WHAT: Queensland Nickel went into liquidation in early 2016, $70m in taxpayers' funds used to pay out almost 800 axed Townsville refinery workers.
WHERE: Mr Palmer quizzed by liquidators in Brisbane's Federal Court about his involvement in management of QN.
THE REVELATIONS:
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- Mr Palmer often held meetings with himself about QN.
- He used a pencil to jot down critical decisions in an old green diary that few others saw.
- He repeatedly denies he was "personally" controlling day to day operations such as contract approvals.
- Nephew and QN's sole director Clive Mensink often sought Mr Palmer's advice on day to day operations such as contract approvals.
- Mr Mensink is somewhere in the Arctic on a cruise from Berlin to St Petersberg and is wanted for questioning by liquidators.
THE QUOTES:
On meetings: "I had a meeting with myself on that day... not my musings, it was a serious matter"
On management of QN: "I haven't made any decisions"
Again on management: "You think I'm heavily involved because I've approved one contract - absolute rubbish!"
To lawyer asking questions: "Lift your game"
WHAT NOW: Mr Palmer will continue to give evidence on Monday. He will try to contact Mr Mensink over the weekend.
