One of Western Australia's richest businessmen, Chris Ellison, has been accused of failing in his duties as a director of a junior company majority owned by the mining services group he heads, Mineral Resources.
In a Supreme Court of Western Australia hearing on Monday, high-profile Banco Chambers barrister Robert Newlinds, SC, alleged Mr Ellison and Mineral Resources chief financial officer Bruce Goulds had potentially breached their "fiduciary duties" while acting as directors of Mesa Minerals, which is now in administration.
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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
