Adelaide Advertiser journalist David Hellaby said yesterday that he would not disclose his sources of information about what he says was criminal conduct within the State Bank of South Australia, despite the expiry of a 14-day period set by the High Court to satisfy bank discovery requests.
The South Australian Auditor-General, Ken MacPherson, delivered a 3000-page report into the bank yesterday.
The bank is considering suing Mr Hellaby for injurious falsehood over articles he wrote last July saying sources privy to the Auditor-General’s inquiry had told him of suspected large-scale criminal activity within the bank group, but that perpetrators would never be prosecuted because the state lacked the legal resources. The bank asserts it has suffered $500,000 in damages because of the article, which it says is untrue. It has asserted Mr Hellaby had no foundation for his article.
Mr Hellaby allowed the bank’s lawyers to look at 1800 pages of documents yesterday in answer to the bank’s legal discovery request, but he said he would not reveal the sources.
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