BGP: Clive Palmer ordered to pay BGP bill
Clive Palmer’s Mineralogy has been ordered to pay a $22 million bill owed to a Singapore-based exploration company.
BGP Geoexplorer carried out survey work in the Gulf of Papua for Palmer Petroleum, which went into liquidation in July 2016.
Mineralogy last month claimed in a Brisbane Supreme Court trial it was not obliged to pay BGP Geoexplorer the debt because it had breached its contract with Palmer Petroleum relating to scope of the work.
Justice David Jackson on Monday dismissed the claim and ordered Mr Palmer’s company to pay the US$17.6 million bill.