LEGAL proceedings have been brought against the former Anglican Bishop of Bathurst, Richard Hurford, and current Bishop Ian Palmer by the court-appointed receivers of the Anglican Development Fund (Bathurst Diocese).
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A spokesman for McGrathNicol stated yesterday that following an investigation into the affairs of the development fund, it had started legal proceedings against certain members of the ADF board (Bathurst Diocese) and various related parties.
To date, only the names of the two Anglican bishops have been confirmed.
A 15-day hearing has been set for April 2015.
McGrathNicol partners, Joseph Hayes and Barry Kogan, were appointed joint and several receivers and managers of the Anglican Development Fund (Bathurst Diocese) on October 1, 2013 by orders of the Supreme Court of NSW.
On October 15, 2013, final orders were made by the Supreme Court of NSW confirming the appointment.
The spokesman said since their appointment, Mr Hayes and Mr Kogan have conducted investigations into the affairs of the Bathurst ADF.
“As a result of these investigations, the receivers and managers have commenced legal proceedings against certain ADF board members and various related parties,” he said.
He said the ADF was incorporated in 1999 as a fund under the Anglican Church of Australia (Bodies Corporate) Act 1938 (NSW).
“It acted as a financial intermediary which borrowed funds from certain financiers such as the Commonwealth Bank of Australia and on-lent those funds to schools, parishes, and other institutions within the Bathurst Diocese which are subject to the control of the General Synod,” the spokesman said.
“The ADF’s activities included governing, controlling and managing those borrowings, and considering applications received for loans from approved diocesan entities.”
Last week Bishop Palmer said the Diocese of Bathurst would be defending itself against the application of a court order by the Commonwealth Bank to force it to sell off property bequeathed to the church or given in trust to pay off a $25 million debt.
Bishop Palmer said such a sell-off would seriously undermine the church’s ministry.
“We will be left with nothing,” he said. “We do not believe they have the right to order us. I think we have many good avenues of defence.
“It is our duty to defend those properties and gifts given to us in trust for the benefit of the community.”