- LNP Leader David Crisafulli was pursued in the Supreme Court of Victoria for insolvent trading
- LNP Leader David Crisafulli paid $200,000 in a confidential settlement to keep Queenslanders in the dark about the court case
- While a Minister of the Newman Government LNP Leader David Crisafulli funnelled $320,000 of taxpayers’ money to a company before he became its sole director
Queenslanders have a right to know the full extent of LNP Leader David Crisafulli’s involvement with failed training company SET Solutions.
The LNP Leader David Crisafulli must reveal to Queenslanders what he did that was so bad that he paid $200,000 in hush money before he contests the October 26 State Election.
Media reports this month revealed Mr Crisafulli was being pursued by the Federal Coalition Government for insolvent trading while he was sole director of SET Solutions.
Mr Crisafulli paid $200,000 to stop those legal proceedings in a confidential settlement so Queenslanders didn’t find out.
Documents filed to the company regulator reveal the $200,000 was paid to liquidators in three payments between $60,000 and $80,000.
Two of those payments were made while he was shadow minister and one while he was Opposition Leader.
Mr Crisafulli has not publicly admitted he made those payment or declared the liability on his parliamentary register of interests which at the time had a limit of under $20,000.
Public records also show Mr Crisafulli was a Minister in the Newman Government when he funnelled a $320,000 grant to SET Solutions.
A year later Mr Crisafulli was sole director of SET Solutions, a position he held for four months.
The director that replaced Mr Crisafulli, placed the company into liquidation the following month.
The company owed $2.7 million to creditors.
As stated by the Deputy Premier, Treasurer and Minister for Trade and Investment Cameron Dick:
“David Crisafulli’s character and competence is in serious question from his dealings before, during and after his role as sole director of SET Solutions.
“Queenslanders should be concerned that he was pursued in the Supreme Court of Victoria for insolvent trading and that he paid $200,000 in a secret settlement.
“Queenslanders have a right to know what Mr Crisafulli did that was so bad that he had to pay $200,000.
“He must also tell Queenslanders about his involvement in funnelling $320,000 of taxpayers’ money to SET Solutions while he was a Minister.
“Queenslanders also deserve to know if any future legal actions could be brought against him by other unpaid creditors.
“Queenslanders have a right to know what dodgy deals Mr Crisafulli has been involved in before the next election.”
