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Court hears alleged million-dollar gold theft relied on 'handshake' agreements

Simon Leslie Gash Christopher Robert Burns Patrick Keogh Patrick Rhyan Keogh Patrick Ryhan Keogh Russell Wilson Holden Gold FMR Investments Jarrod Lucas Paul Usher
Russell Holden (left) and Simon Gash are on trial in the Kalgoorlie District Court.   (ABC Goldfields: Jarrod Lucas)

A lawyer for one of five people on trial in Kalgoorlie over an alleged million-dollar gold swindle says there was only a "handshake" agreement to seal a lucrative mining deal.

Simon Leslie Gash, 57, and his business partner, Russell Wilson Holden, 51, are fighting money laundering and fraud charges as part of the trial, which also involves three former senior employees of gold miner FMR Investments.

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