Former Young Rich Lister Tolga Kumova sold $24 million worth of shares in mining company after publishing positive social media posts about its prospects, a court has heard in a defamation trial over allegations he engaged in insider trading and pumping and dumping.
A judge has pulled up a law firm over a tweet it published about defamation proceedings brought by investor Tolga Kumova, telling a barrister during the trial Thursday to counsel his instructing solicitors about the “highly unsatisfactory” social media post.
Former Young Rich Lister Tolga Kumova has admitted to publishing an inaccurate tweet about the value of a mineral resource owned by a zinc producer of which he was a director, agreeing at trial in his defamation case that he was off by $4.8 billion.
Hoping to correct “mistakes” in his testimony in the trial of Clive Palmer’s defamation case, Western Australia Attorney-General John Quigley will get the chance to amend his evidence as a witness for state premier Mark McGowan next month.
WA Attorney-General John Quigley wants a second go at his trial testimony in a defamation case brought by mining magnate Clive Palmer, admitting he made “mistakes” while giving evidence in the witness box.
WA premier Mark McGowan’s text messages between Kerry Stokes and the WA Attorney General have been revealed at the trial in Clive Palmer’s defamation case, including an exchange in which the state’s leader thanks the media baron for the “marvellous front pages”.
Taking the stand Monday in a defamation dispute with mining billionaire Clive Palmer, WA premier Mark McGowan said Palmer’s “hurtful and outrageous” public comments led to death threats against his wife and family.
Clive Palmer said he feared for his physical safety as a result of the criminal immunity granted to the WA government by legislation and the consequent ‘political campaign’ waged against him, as he took the stand for the first time in his defamation trial against the WA premier.
A judge overseeing the closely watched trial in Clive Palmer’s defamation case against WA Premier Mark McGowan has vented his frustrations with the state of Australian defamation proceedings, railing against what he said was the common practice of parties refusing to concede even minor points.
Comments made about Clive Palmer by Western Australia premier Mark McGowan in press conferences were “heavy with historical and sinister significance”, a court has heard on the first day of trial in the mining billionaire’s defamation case.