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Palmer halts bid to stop criminal charges

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April 17, 2018

Clive Palmer has withdrawn an injunction against criminal charges laid by the corporate legislator.

Clive Palmer has dropped his bid to have criminal charges pursued the corporate watchdog in relation to his troubled Sunshine Coast resort thrown out.

The former federal politician and millionaire is facing one charge of aid, abet, counsel or procure the commission of an offence by another person.

Palmer Leisure Coolum Pty Ltd was separately charged by the Australian Securities and Investments Commission with proposing or announcing a bid then failing to make an offer within two months.

Mr Palmer had launched an injunction against the charges but this has been withdrawn, according to a notice of discontinuance lodged with the Supreme Court in Brisbane.

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