House debates

Monday, 22 June 2009

Questions without Notice

Financial Services Industry

3:39 pm

Photo of Chris BowenChris Bowen (Prospect, Australian Labor Party, Minister for Financial Services, Superannuation and Corporate Law) Share this | Hansard source

The now member for Wentworth therefore noted that the assets were truly worth $20 million but was involved in the sale of FAI insurance for $295 million. On 21 June 2006, the liquidator of HIH served a claim on Mr Turnbull, the now member for Wentworth—and others—seeking $529 million in damages, comprising the $295 million—

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