Griffin Coal failure sees WA taxpayers fork out millions to Indian bank, despite government promises

Western Australia’s $308 million bailout of insolvent coal miner Griffin Coal—under receivership since 2022—has drawn criticism after revelations that taxpayer funds meant to stabilise operations are being used to repay Indian creditors ICICI Bank and Sindhu Trade Links, as the government insists the payments are necessary to safeguard the state’s energy supply.

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