Original article by Hedley Thomas
The Australian – Page: 1 : 21-Oct-14

Supreme Court of Queensland judge David Jackson has ruled that a court case brought by Chinese state enterprise Citic against businesses of iron ore venture partner Clive Palmer will go ahead. It is alleged that he took more than $A12m out of a joint bank account and then used the funds to finance the 2013 federal election campaign of his Palmer United Party. Jackson conceded that a compromise solution put forward by Palmer’s Mineralogy vehicle should perhaps have been accepted by Citic before launching the legal action

CORPORATES
MINERALOGY PTY LTD, CITIC PACIFIC LIMITED, CHINA INTERNATIONAL TRUST AND INVESTMENT CORPORATION, COSMO DEVELOPMENTS PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, MEDIA CIRCUS NETWORK PTY LTD, PALMER UNITED PARTY, SUPREME COURT OF QUEENSLAND