Fresh off lecturing a group of teenage apprentices about his irreproachability, Chris Ellison looks to have opened his wallet to start paying for his many sins.
The Mineral Resources founder was whacked with a series of financial penalties by the company’s board in November. The first of these was $3.8 million for two payments that MinRes made to his offshore entity Far East Equipment Holdings Ltd based in the British Virgin Islands.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
