1 year ago
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Billionaire claims commonwealth liable for WA law, which prevented him seeking compensation for rejected mining project
Clive Palmer’s Singapore-based company Zeph Investments is suing Australia for $296bn, enlisting the help of former attorney general Christian Porter in a landmark case arguing a breach of the Asean free trade deal.
The case relates to Western Australia’s extraordinary law to prevent Palmer from seeking compensation over his massive Pilbara iron ore project, which was rejected by the WA government.
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