Independent Senator Rod Culleton has been declared bankrupt by the Federal Court in Perth, which would disqualify him from parliament, but he has vowed to fight on.
Justice Michael Barker on Friday granted a 21-day stay on the bankruptcy order.
The WA District Court had ordered Senator Culleton to pay former Wesfarmers director Dick Lester $205,536 in 2013 – which has since increased to $280,000 – over unpaid rent relating to a $13.2 million 2009 property acquisition deal that soured.
“I am satisfied that the respondent debtor committed the act of bankruptcy alleged in the creditor’s petition,” Justice Barker said.
“None of the various grounds of objection of the respondent debtor are made out.”
Senator Culleton was visibly frustrated by…
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