It seems his Chinese partners no longer just want money from Palmer but justice:
CLIVE Palmer tried unsuccessfully to repay $11 million to China five days after revelations from a Federal Court hearing, bank statements and legal documents raised serious claims he had wrongfully siphoned huge sums to bankroll his political campaign.
Documents filed in the Supreme Court in Brisbane show a bank cheque for $11,345,013 was authorised by the Palmer United Party leader on May 13, following the legal action launched by Citic Pacific and reports in The Australian days earlier.. Lawyers for Citic Pacific, China’s international investment vehicle that has poured about $10 billion into a disastrous iron ore development based on Mr Palmer’s tenements in Western Australia, returned the two largest cheques. The Australian understands the cheques were returned as the Chinese decided they wanted the courts to make findings about the conduct of Mr Palmer and his companies, which are accused by Citic Pacific of acting fraudulently and dishonestly.
Palmer denies any wrongdoing. The way Citic is playing this suggests it wants to take this all the way and put Palmer out of action for good. LOL
