Palmer confirms commercial property purchase in Townsville

Clive Palmer has made a further commitment to the people of Townsville with the purchase of a three-storey heritage building in Flinders Street.

In a sign that that court action by the General Purpose Liquidator (GPL) against Queensland Nickel was reaching a conclusion, Mr Palmer said he was happy to once again be “voting with his money” for the local community.

“At the end of the day, the GPL’s claims will be shown to have no merit and were made just to enrich themselves. They demonstrate the appalling amount of greed in the industry,’’ Mr Palmer said.

“The same was true with the Special Purpose Liquidator (SPL) who have released me and all other defendants from all claims and they have also unequivocally withdrawn all allegations against me because they knew they were false,’’ he said.

Mr Palmer said it was a disgrace that Queensland Nickel was put into liquidation, resulting in thousands of jobs being lost. 

“The liquidators put themselves before the Townsville community when Queensland Nickel was fully solvent. They could have kept the refinery operating, instead they chose to destroy thousands of lives,’’ Mr Palmer said.

Mr Palmer said the Queensland Nickel management fought a great battle in keeping the refinery and its assets in excellent condition, meaning the $6 billion facility would be fit to serve future generations

“Clive Mensink fought for years to keep the refinery going. His good work will soon be resurrected when the refinery reopens and for that reason he should be knighted,’’ Mr Palmer said.

Mr Palmer’s new commercial property known as “The Queensland Building” was constructed in 1892 as the head office for an insurance company. It comprises 368sqm over three levels, in a prominent CBD location.”

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