The Age
·general
·1 hour ago
The Rinehart-backed deal that’s created a smorgasbord for conspiracy theorists
Prominent Australian lawyer Bruce McWilliam has borrowed from billionaire Gina Rinehart to fund a near-10 percent stake in Southern Cross Media, sparking speculation about their motivations. McWilliam, former commercial director at Seven West Media, declined to comment on the financing arrangement Wednesday. Rinehart's involvement fuels conspiracy theories, particularly given McWilliam's potential bid for a board seat at the media company.
Summary by Glance · The Age
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