A fledgling “green coal” company owned by two Queensland Liberal National party figures has had its bank account frozen and become mired in legal action, 18 months after being awarded a $5.5m commonwealth grant in the dying days of the Morrison government.
Guardian Australia can reveal the federal government is “considering its position” in relation to the grant to Green Day Energy, after the company was placed in voluntary administration by director David Hutchinson, the former LNP president. Hutchinson is being sued by Green Day’s largest shareholder, Brad Carswell, a former party official and candidate.