Drug trafficking lawyer declared bankrupt

A former lawyer convicted of trafficking methylamphetamine, has now been bankrupted.

Drug trafficking lawyer declared bankrupt
Disgraced former lawyer Nigel Munt who was convicted of trafficking methylamphetamine, has been bankrupted for not paying tax.

According to reports by The Courier Mail, Brisbane Federal Circuit Court registrar Murry Belcher made a sequestration order yesterday.   He was given a creditor’s petition for failing to pay $1.2m in tax five weeks ago. 

Originally ordered to pay $4.35m by the Supreme Court, Munt only managed to come up with $3.19m by the July 7 deadline, committing an ‘act of bankruptcy’.

Munt, a Brisbane father-of-five, sold his quarter share of plaintiff law firm Trilby Misso to Slater & Gordon back in 2010, his share of the profits was thought to be around $19m.

In 2011, Munt was charged with trafficking methylamphetamine after he became addicted and began trafficking to feed his habit, The Courier Mail reported.

The Supreme Court gave him a suspended three-year jail sentence after he pleaded guilty to the trafficking and 20 counts of supplying.

His barrister told the court during his sentencing that Munt was ‘virtually penniless’.

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Tax expert from Big 4 firm joins Clayton Utz’s partnership

Final week of nominations to In-House Leaders 2020

Major international firms band together to speed up tech use in global dispute resolution

KHQ Lawyers welcomes two to principal solicitor team in Melbourne

Pitcher Partners appoints one to principal, five to partnership

IBA condemns Hong Kong security law as ‘contrary to the norms of international law’

Most Read Articles

Mills Oakley welcomes three to partnership in major promotion round

HSF managing partner embraces innovation and technology in a COVID-19 world

KHQ Lawyers welcomes two to principal solicitor team in Melbourne

Kingston Reid elevates two to partner