Article 6HA4P Ex-LNP president oversaw transfer of $500,000 in Morrison government grant money to brother’s offset account, court hears

Ex-LNP president oversaw transfer of $500,000 in Morrison government grant money to brother’s offset account, court hears

by
Ben Smee
from World news | The Guardian on (#6HA4P)

David Hutchinson misapplied company funds rather audaciously for his own benefit and for the benefit of his relatives', court finds

Money from a federal government grant - awarded in the dying days of the Morrison government - was transferred into a mortgage offset account controlled by the brother of the former president of the Queensland Liberal National party, a court has heard.

Guardian Australia reported in October that Green Day Energy - a fledgling green coal" company - had had its bank account frozen and become mired in legal action, 18 months after being awarded a $5.5m commonwealth grant.

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