<
https://www.theguardian.com/australia-news/2025/sep/27/clive-palmer-ordered-to-pay-13m-after-claim-of-being-foreign-investor-in-australian-mining-project-thrown-out>
"The Australian mining magnate Clive Palmer has been ordered to pay more than
$13m after his claim of being a “foreign investor” was dismissed by an
international tribunal after a dispute lasting more than a decade.
The permanent court of arbitration, established by international treaties,
rejected Palmer’s claim as it had no jurisdiction over the dispute between a
national government and one of its citizens, the attorney general, Michelle
Rowland, said on Saturday.
“Mr Palmer is not a ‘foreign investor’ and is not entitled to any benefits
under Australia’s free trade and investment agreements,” she said.
“Australia should never have had to spend two years and over $13m defending an
investor-state claim brought by an Australian national.”"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
