Talbot to appear before court

MACARTHUR Coal director Ken Talbot has been ordered by the Crime and Misconduct Commission to appear before the Brisbane Magistrates Court in relation to loans made to former Queensland Government minister Gordon Nuttall.

Angie Tomlinson

Nuttall received a $A300,000 loan from Talbot in 2001.

A Crime and Misconduct Commission (CMC) has been investigating a decision by the Beattie Government to finance a $20 million rail and road deviation to Macarthur Coal's Coppabella mine.

Talbot took leave of absence from Macarthur in November last year and Nicole Hollows has taken the reigns as CEO. Talbot remains a director and, according to a statement issued today by Macarthur chairman Keith De Lacy, retains the full support of the board.

“The matter is personal to Mr Talbot and will not affect Macarthur Coal's operations,” he said.

“The arrangements that were put in place when the issue first arose will continue and are working well.

“It is business as usual for Macarthur Coal and we remain focused on the efficiency of our operations and development of the project pipeline."

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