Lawyer claims Australia’s richest person ‘defrauded kids’

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7NEWS: Gina Rinehart defrauded her children, lawyer alleges

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Withers said Gina Rinehart “deliberately destroyed” the arrangement after Lang Hancock died through a series of transactions that increased her shareholding at the expense of her children.

Withers said the false narrative was that Lang Hancock dishonestly breached his fiduciary duty and mismanaged Hancock Prospecting, which “Gina had to clean up”. Wright Prospecting has demanded a share of some Hope Downs tenements and royalties amid a claim that it never relinquished the assets and Hancock Prospecting has breached a series of partnership agreements.

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