- In short: Convicted paedophile John Wayne Millwood has given evidence in the Federal Court about why he transferred assets into relatives’ names and sold shares in his companies.
- What’s next: His victim received a multi-million dollar civil payout but is yet to receive any money and is pursuing the matter after Millwood declared himself bankrupt
Convicted paedophile John Wayne Millwood has claimed he significantly divested his finances and assets while in prison because he had terminal cancer, and wanted his affairs put in order.
Millwood a former Launceston businessman and prominent art collector was jailed for four years for the abuse of the survivor, known as ZAB, over a six-year period in the 1980s.
ZAB won a $5.3 million compensat…
Read the full article at: https://www.abc.net.au/news/2023-06-06/paedophile-john-millwood-bankruptcy-federal-court-hearing/102445106