Gina Rinehart inked ‘death warrant’ deals for children’s trust fund, court told

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Withers told the court Gina’s conduct was a breach of fiduciary duty undertaken when her children were just minors, part of a “special project” to make the trust financially dependent on Hancock Prospecting.

And he produced confidential memorandums exchanged in the 1990s he claimed supported that theory, which showed Gina seeking advice on ways to take back the shares at a deflated price.

“As the controlling mind of Hancock Prospecting, she would have been in conflict if she…