Clive Palmer's Queensland Nickel company has been ordered to repay a $35.4 million loan for the businessman and former MP's private jet plus hefty interest and currency exchange costs.
The Court of Appeal on Friday dismissed an application by Queensland Nickel (QNI) to set aside the order that it pay more than $US30.8 million ($A44.6 million) to Vannin Capital.
The Brisbane Supreme Court ruled on Wednesday last week that General Electric's industrial credit division had loaned $US24.5 million to QNI subsidiary Palmer Aviation to finance the purchase of a 2001 Bombardier Global Express aircraft.
