INDEPENDENT WA Senator Rod Culleton has been declared bankrupt in the Federal Court in Perth, following a ruling made today.
On Sunday night, Senator Culleton announced hed quit the One Nation party that he was initially elected on at the July 2 poll, after a fall-out with leader Pauline Hanson, ahead of his Monday court hearing over the bankruptcy charges.
The bankruptcy ruling has allowed Senator Culleton 21 days to appeal the courts decision, which will determine whether he is eligible to remain a federal Senator.
The bankruptcy charges relate to a claim made by former Wesfarmers director Dick Lester for $280,000, over a soured farming property deal.
Senator Culleton said the court had stayed the bankruptcy and he now planned to appeal th…
Read the full article at: http://www.queenslandcountrylife.com.au/story/4374786/court-rules-culleton-bankrupt/