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AAP
AAP
Jack Gramenz

Court says Clive not a foreign investor and must pay up

Businessman Clive Palmer is not a "foreign investor", an international court has ruled. (Fraser Barton/AAP PHOTOS)

The man who wanted to "wake up Australia" owes the Commonwealth more than $13 million after an international tribunal put his "foreign investor" claim to bed.

The Permanent Court of Arbitration, established by international treaties, rejected Clive Palmer's claim as it had no jurisdiction over the dispute between a national government and one of its citizens, Attorney-General Michelle Rowland said on Saturday.

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