Clive Palmer appeals to high court to halt criminal proceedings over alleged fraud and dishonesty

Billionaire is fighting prosecutions by Asic involving his Leisure Coolum resort and his company Mineralogy

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Billionaire businessman Clive Palmer has appealed to the high court in a bid to halt criminal proceedings involving alleged fraud and dishonesty.

The Australian Securities and Investments Commission (Asic) filed complaints against Palmer and his Leisure Coolum resort in 2018 and 2020 alleging breaches of the criminal code, including that Palmer dishonestly used his position as a director of Mineralogy Pty Ltd to benefit the Palmer United party.

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