An uber-wealthy Australian clan have aired their “emotional” rift over the disappearance of a multimillion-dollar fortune in court.
The complicated saga began back in 1996 after the death of patriarch William Twigg, who had founded a successful landfill business.
Max Twigg expanded the Twigg Group business, which was held in a family trust, and in 2007 it was sold to Cleanaway for $155.8 million. In a scathing judgment handed down this week, NSW Supreme Court Justice Michael Ball said it was “not possible” to say exactly where the bulk of the rest of the money from the sale went, but noted “a substantial proportion” went to Mr Twigg.
Justice Ball noted the family feud had taken a toll on Mrs Twigg, who was “quite often emotional when giving evidence and was no doubt upset by what has happened to her family and her role in the events giving rise to this litigation …”
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