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Deeming’s Cash Crunch and Party Fallout | Melbourne News
Description
Victorian Liberal MP Moira Deeming is locked in a high-stakes financial and political battle after being forced to hold back $1.55 million tied up in a trust — money she won from a defamation case funded by property developer Hilton Grugeon, who now demands it back. The snag? The funds are blocked because the Liberal Party’s loan to former leader John Pesutto — which Deeming personally guaranteed to cover his legal bills — is under legal challenge. If Grugeon gets his money, Deeming could face bankruptcy. Compounding the drama, the Liberal Party is poised to disendorse her after she refused to apologize for an assault allegation against Matthew Guy — a move she’s fighting, but the party shows no interest in mediation. With court battles and party politics colliding, Deeming’s political future hangs in the balance.
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