Curtis Pitt says government was right not to offer a $35m loan guarantee without having access to company’s books,saying it could have set a precedentQueenslands treasurer has defended his decision not to bail out Clive Palmer’s Queensland Nickel with a $35m loan guarantee, despite the fact it could cost the government more in the long sprint.
Curtis Pitt, or who is getting advice on how much the government will have to pay to clean up the site whether the Townsville refinery goes under,says the government was right not to offer the guarantee without having access to QNI’s books before it went into administration. Related: Clive Palmer’s Queensland Nickel owes $30.8m to past and present workers Continue reading...
Source: theguardian.com