The Crown v Gerard Baden-Clay, 24th June - Trial Day 9, Week 3

[drsleuth]

Kate Kyriacou @KateKyriacou · 29s

Mr Christ says he did not give Gerard any more money. #badenclay


Mr Christ says this would have been around mid 2011. #badenclay

 

[Zim]

Kate Kyriacou @KateKyriacou · now

Mr Christ says Allison became more involved in the business in late 2011 "and that actually gave us a lot of comfort". #badenclay

Mr Christ says his impression was Allison was involved in the management of the rental business and the business in general. #badenclay

Mr Christ says during one discussion they asked Gerard to go and confirm something with Allison. #badenclay

Mr Christ: We actually pushed that point that Allison was involved.

Mr Christ says they did not speak directly to Allison at the time of the loan. #badenclay

His mates/partners trusted Allison ? Wonder if GBC was 'a little bit hurt' by that ? !

 

[Amee]

Kate Kyriacou ‏@KateKyriacou 1m

Mr Christ says at various times, Gerard would ask for more money. #badenclay

Kate Kyriacou ‏@KateKyriacou 1m

Mr Christ says he did not give Gerard any more money. #badenclay

 

[spratsmum]

It has occurred to me reading the testimony this morning that the 19th of April 2012 was a really busy, noisy night in usually quiet, peaceful Brookfield. There were people screaming and losing consciousness the alarmed local MP investigated. A person was being murdered, silently one would presume as none of the screams are attributed to that crime, presumably if the screams were unlikely to have come from the BC home then they are also unlikely to be from the App home and the young daughter walking into a spiders web after arguing with her brother. It is just too noisy at Brookfield.

 

[Trooper]

how odd that these three lenders never spoke to the partners in the business, Broome, Bassingthwaite and Frost.. they knew why Alison was 'involved more' in the business..

I just find that peculiar..

 

[Amee]

David Murray ‏@TheMurrayD 1m

Mr Christ discussing Gerard's request for more money mid 2011, wasn't provided #badenclay

 

[drsleuth]

Kate Kyriacou @KateKyriacou · 14s

Mr Christ says he would have had to borrow more money to invest more. He didn't want to do that. #badenclay

 

[Trooper]

David Murray ‏@TheMurrayD 1m

Mr Christ discussing Gerard's request for more money mid 2011, wasn't provided #badenclay

ha.. Gerard coming back for another bite of the cherry....

 

[drsleuth]

Kate Kyriacou @KateKyriacou · now

We've adjourned until 11.45am. #badenclay

 

[marlywings]

Coffee time.......

And hot chocolate...

 

[FigTree]

Kate Kyriacou ‏@KateKyriacou 1m

Mr Christ says they did not speak to Allison about the loans but the cash was paid into her and Gerard's joint business account. #badenclay

Just some thoughts...
Did Allison know about where the money for the loans came from?
Did she know that GBC had leveraged her and her brothers rental property as collateral as an asset to acquire the loan? Is that possible to do without both owners being aware that their property has been used as an asset - I don't think so.
By putting the loan into the joint bank account he also made Allison responsible for the money received, and owed.
If the money was not returned, the asset may have to be sold to repay the loans.
It didnt belong to GBC though.
Maybe I have some of this incorrect, but that would be a very difficult financial position to explain to Allison and her brother.
hmmmm....

 

[Mumma Bear]

I find the repeated suggestion of this being a major issue in Allison's life really frustrating!!

Me too! And each time the defence has worded it as fact - I'm disappointed the judge hasn't pulled him up on that.

Not sure why this doesn't include the original quote I'm sorry but it was re the defence saying "were you aware Allison wanted a boy?"

 

[spratsmum]

This is nothing to do with the trial really, but why $90000, I like things rounded up and neat, why not a $100 000? I won't mind betting there is some legislation or rules regarding lending sums over $100 000, might be wrong. I am always wary of these sorts of deals, they always sound like tax evasion to me.

 

[Mrs G Norris]

I Know, why would successful business men NOT have something in writing, my god, they have sure learnt a harsh lesson.

They wouldn't .. you'd go through a lawyer .. another witness that makes no sense.

 

[Amee]

11:32am: The court has adjourned for a short morning tea break.

11:32am: "In late 2011 we became a lot more comfortable, or I became a lot more comfortable, that the business would survive," he said.

"Did he ever ask for more money," Crown prosecutor Danny Boyle asked.

"At various times ... he said 'look we might need more money here depending on when we sell this house, or don't sell this house'," Mr Christ replied.

"We were asked for more money at various times ...

"I was not willing to risk, ummm, I would have had to have borrowed money to invest more and at that point I didn't want to do that."

Read more: http://www.brisbanetimes.com.au/que...ay-9-week-3-20140624-3apn6.html#ixzz35W6ivQZY

 

[spratsmum]

The flood of 2011 occurred on January the 12th, any properties sold by GBC prior to then would have still have settled. Any real estate agent will tell you that December to mid January is always slow - Christmas, holidays etc, but they will also tell you that middle of January to mid February is busy, particularly in the rental market, as people transfer into areas to begin new roles, new jobs, the school year starts etc. People often will rent before they buy. It would seem to me then that income to agency was a seasonal effect, not in those early months a "tidal" (for want of a better word and yes that was intended) effect. Given that, I would have thought that the months June, July and August when GBC was able to make interest payments to his friends, would have been the months that flood would have affected his income. Timing is out again, I think.

 

[Amee]

IT is day nine of the trial of former Brookfield real estate agent Gerard Baden-Clay, 43, who stands accused of murdering his wife Allison Baden-Clay, 43, on April 19, 2012.

http://www.couriermail.com.au/news/...ing-wife-allison/story-fnihsrf2-1226964239691

 

[FigTree]

They wouldn't .. you'd go through a lawyer .. another witness that makes no sense.

Maybe because Allison thought the loan had come from the bank?
Or possibly the bank thought the money deposited into the joint account had come through business sales and profit.
Depending on his banking credibility and rating - it seems the bank wasn't lending to him - he may have already assigned the assets he had to the bank - and then he has done the same to the loan partners - keeping all paperwork away from the main lenders (the bank) and from Allison.
Who knows what he told her about where the money had come from and how it was to be paid back.

.

 

[frustrated detective]

A sociopath can be extremely convincing, and even their family and close friends may not realise how harmful they can be, or that they have a personality disorder.

Instead, the friends and family will support them, believe all their ramblings, and even lend them large sums of money without any security.

 

[Trooper]

$90,000.00 x 3 plus interest...an unsecured loan.. a gentlemans agreement. .. except Gerard didn't pay it back.. most ungentlemanly.. $400,000.00 hit on Flegg.. who didn't cough up..

it is in these mundane , banal numbers that Alisons murder is spawned..