Tales of kidnap, digging graves
Firepower chief Tim Johnston has accused property mogul Warren Anderson of organising the chilling underworld-style kidnapping of an accountant who had refused to relinquish ownership of the intellectual rights to the fuel technology company’s controversial additives. In a sensational day of evidence at the Federal Court in Perth, Johnston admitted that Firepower’s parent company, based in the British Virgin Islands, had never owned the rights to the fuel additives despite 1300 investors plowing their savings into it.
The scheduled five-day hearing has been extended to a date to be fixed to give Mr Johnston time to produce and be questioned on documents that he said he would seek to find and pass on to the liquidator.