Clive Palmer charged with fraud and corporate misconduct offences

Mining magnate allegedly diverted funds to the benefit of his Palmer United party in the weeks before the 2013 election

Mining magnate Clive Palmer has been charged with fraud and corporate misconduct offences that carry lengthy prison sentences over the alleged diversion of at least $10m to the benefit of his Palmer United party in the weeks before the 2013 election.

Palmer denied the allegations, telling Guardian Australia the charges were nonsense" and rehashed matters over which a court had already ruled in his favour.