Victoria Liberals bail out John Pesutto with $1.5m loan to avoid bankruptcy

Victorian Liberals spare John Pesutto from bankruptcy with $1.55 million loan

The party will avoid a likely by-election in its former leader's marginal seat by helping to settle his debt to MP Moira Deeming.

Liberal Party bails out John Pesutto, agreeing to $1.5m loan

The party’s governing board has agreed to lend John Pesutto $1.55 million to settle his legal bill with colleague Moira Deeming.

Victoria Liberals bail out John Pesutto with $1.5m loan to avoid bankruptcy

Party approves last-minute loan to help former leader pay $2.3m defamation costs against Moira DeemingGet our breaking news email, free app or daily news podcastThe Victorian Liberal party will provide a $1.5m loan to former leader John Pesutto to ensure he can pay Moira Deeming’s legal fees and avoid bankruptcy.The loan was debated by the 19-member administrative committee on Thursday night and ultimately endorsed after a secret ballot, which w…