I think he declared bankruptcy after being ordered to pay back money,
Yep looked it up.
Google confirms it.
http://www.abc.net.au/lateline/content/2013/s3870787.htm
A day after he pleaded guilty to defrauding the Health Services Union, Michael Williamson has been ordered to pay back $5 million.
It was part of a Supreme Court settlement that also saw Williamson apologise to union members.
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