Former One Nation senator Rod Culleton has lost his appeal over being declared bankrupt, capping off a bad day after the High Court earlier ruled he was ineligible to run for parliament in the first place.
Mr Culleton was deemed bankrupt in December after he refused to comply with a 2013 WA District Court order to pay former Wesfarmers director Dick Lester $205,536 – which has since increased to about $280,000 – over a soured 2009 land rent deal.
In the Federal Court in Perth on Friday, Mr Culleton’s appeal was dismissed and he was ordered to pay costs.
The judges said Mr Culleton’s submissions were unfocused and erratic, and he did not assert in them that he was solvent.
He declined to speak with media outside, but his chief of staff Marg…
Read the full article at: http://www.news.com.au/national/breaking-news/culleton-loses-bankruptcy-appeal/news-story/4685d723c366461b9bba15d76ad2d164