Clive Palmer lets loose on ‘Chinese mongrels who shoot their own’

CLIVE Palmer has described his former business partners and legal opponents as “Chinese mongrels” who “shoot their own people”.

CLIVE Palmer described his former business partners and legal opponents as “Chinese mongrels” who “shoot their own people” when he was questioned about allegations that hold him personally responsible for more than $12 million in missing funds.

“They shoot their own people ... and they want to take over this country,” Mr Palmer said on ABC’s Q&A program last night. “I’m saying that because they are communists.” Mr Palmer told a live studio audience and host Tony Jones that he would stand up to China, which he claimed was “taking over” Australia’s mineral ports and stripping the country of its resources “for free”.

“I don’t mind standing up against the Chinese bastards to stop them from doing it,” Mr Palmer said.

Labor finance spokeswoman Penny Wong, whose father is Malaysian Chinese, sat next to the billionaire and leader of the Palmer United Party looking perplexed while he was immediately condemned on Twitter for his remarks.

The Queensland MP is caught up in allegations that he personally signed two cheques — for $10m and $2.167m — that drained the Chin­ese funds from a National Australia Bank last September. The $10m was allegedly funnelled into Cosmo Developments, a company controlled by Mr Palmer, in early August while the $2.167m went to a Brisbane agency, Media Circus Network.

Jones asked Mr Palmer if he could promise that “not a cent of that $12 million” went missing under his watch, but Mr Palmer refused.

“I can tell you that those allegations are not true … we will be taking immediate action in the Supreme Court,” Mr Palmer responded. He is to face court next week.