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George Kerr: ‘I was exploited’

Wealthy Australian took advantage of Torchlight with $A37m loan terms, says NBR Rich Lister.

Tim Hunter
Tue, 25 Aug 2015

Desperate for cash to pay off an urgent demand for $A37 million ($40m) from a merciless lender, businessman George Kerr says he was left with no choice but to accept an “incredibly unfair” loan from wealthy Australian John Grill.

Giving evidence at the High Court yesterday, Mr Kerr described how

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Tim Hunter
Tue, 25 Aug 2015
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George Kerr: ‘I was exploited’
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