Gina Rinehart’s daughter Bianca, along with her brother, is suing her mining magnate mum.
Today, The NSW Supreme Court reportedly heard that Australia’s richest person offered her a $25 million loan in return for withdrawing from the case.
Bianca and her brother John Hancock launched legal action against Rinehart days before a multi-billion trust she was in charge of was due to vest, claiming she had acted inappropriately.
According to the Australian Financial Review, a lawyer representing John and Bianca told the court she had been offered the money, which she rejected.
The court also heard a similar offer may have been made to another daughter, Hope Rinehart, who withdrew as a plaintiff weeks after the offer to Bianca is said to have taken place.
According to the Fin’s report, the $25 million was proffered through Rinehart’s bodyguard Kevin Withers around a year ago.
There’s more here.
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