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

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

* Follow our Australia news live blog for latest updates
* Get our morning and afternoon news emails,free app or daily news podcast




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.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...


http://dlvr.it/T0QwN4