logo
#

Latest news with #GrugeonHilton

Pesutto avoids bankruptcy after paying Deeming $2.3 million
Pesutto avoids bankruptcy after paying Deeming $2.3 million

The Age

time26-06-2025

  • Business
  • The Age

Pesutto avoids bankruptcy after paying Deeming $2.3 million

Former Victorian Opposition leader John Pesutto has cleared his $2.3 million debt owed to colleague Moira Deeming after her successful defamation claim against him. A Liberal Party entity, Vapold, has paid Deeming $1.55 million on Thursday morning – in line with a decision by the party's administrative committee to loan the money to Pesutto – with Pessuto providing the rest from his own fundraising. The payments, confirmed by two sources unauthorised to publicly discuss them, remove any prospect of a mooted court challenge to Vapold making the loan and defuses a crisis that had threatened to force Pesutto into bankruptcy and out of parliament. Loading Deeming's defamation case, in which she successfully sued Pesutto for making the false inference that she associated with neo-Nazis, was funded by NSW property developer Grugeon Hilton.

Pesutto avoids bankruptcy after paying Deeming $2.3 million
Pesutto avoids bankruptcy after paying Deeming $2.3 million

Sydney Morning Herald

time26-06-2025

  • Business
  • Sydney Morning Herald

Pesutto avoids bankruptcy after paying Deeming $2.3 million

Former Victorian Opposition leader John Pesutto has cleared his $2.3 million debt owed to colleague Moira Deeming after her successful defamation claim against him. A Liberal Party entity, Vapold, has paid Deeming $1.55 million on Thursday morning – in line with a decision by the party's administrative committee to loan the money to Pesutto – with Pessuto providing the rest from his own fundraising. The payments, confirmed by two sources unauthorised to publicly discuss them, remove any prospect of a mooted court challenge to Vapold making the loan and defuses a crisis that had threatened to force Pesutto into bankruptcy and out of parliament. Loading Deeming's defamation case, in which she successfully sued Pesutto for making the false inference that she associated with neo-Nazis, was funded by NSW property developer Grugeon Hilton.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store