Joe Gutnick walking down the street

‘Absurd’: Diamond Joe Gutnick dismisses claims he was trying to hide his assets

Bankrupt businessman Joseph Gutnick has denied taking steps to hide assets from his future creditors ahead of his bankruptcy last year.

The former Rich-lister has also taken another swipe at “fake news” about his bankruptcy and a dispute last year about the eviction of his brother from a home he once owned.

Mr Gutnick told the Federal Court during the public examinations into his bankrupt estate that he refuted the allegations that were made by his brother Abraham Gutnick in a separate legal matter.

Last year, lawyers for Abraham Gutnick told the Supreme Court of Victoria there were “rumours within the family that Joseph Gutnick was trying to hide assets” as early as 2015.

Read the full article by Sarah Danckert at The Sydney Morning Herald.