That is what it is.
Clive Palmer
@CliveFPalmer
·
2h
MEDIA RELEASE | Palmer welcomes $28 million Supreme Court victory over former solicitor
Clive Palmer today welcomed a decisive ruling of the Supreme Court of Queensland against his former solicitor Sam Iskander.
The matter has been described as one of the most serious fraud matters in the State’s history.
Mineralogy sought summary judgment in its claim against Mr Iskander over millions of dollars misappropriated from the company while he acted in a position of trust.
In handing down the decision, Justice Hindman awarded Mineralogy $28 million and described Mr Iskander’s conduct as “the most egregious” case that Queensland has seen.
It was a profound breach of trust, made worse by the fact that Mr Iskander was a practising solicitor and an officer of the Supreme Court.
Justice Hindman also ordered that 15 one-kilogram gold bars - purchased using part of funds defrauded from Mineralogy - be returned by Mr Iskander to the Registrar of the Supreme Court.
Mr Palmer said the ruling was a clear vindication of his company’s position.
https://x.com/CliveFPalmer/status/1991745689832026306