WA: Anderson made to wait after $50m court case wraps up

AAP General News (Australia)
08-23-2005
WA: Anderson made to wait after $50m court case wraps up

Property developer WARREN ANDERSON will have to wait to know whether he's successfully
sued the West Australian government for over $50 million over an ill-fated investment.

The hearing has finished, six weeks after the state's Supreme Court started hearing
evidence related to the claim.

But Acting Chief Justice MICHAEL MURRAY has deferred his judgement on whether Mr ANDERSON
should be repaid the money he ploughed into the catastrophic rescue of merchant bank Rothwells
in 1988.

Through his private company Tipperary Developments, Mr ANDERSON launched his $50 million
claim against the Western Australia government in 1992.

The claim centred on allegations he was induced to provide the loan in return for an
agreement on a lucrative Perth property deal.

Mr ANDERSON says he was given assurances by then Western Australia premier PETER DOWDING
that the state would pay him back if Rothwells couldn't.

Witnesses who've given evidence during the hearings included Mr DOWDING, former New
South Wales Premier NEVILL WRAN and Wentworth MP MALCOLM TURNBULL.

AAP RTV tc/bk/wz

KEYWORD: ANDERSON (PERTH)

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