Ken Talbot (26 August 1950 – 19 June 2010) was an Australian mining executive, he was the principal
shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal ...
and former
CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...
of the
Macarthur Coal Ltd mining company. He was the only child of Norman and Nita Talbot (née McIntyre). Talbot temporarily stood down as the CEO of the Macarthur Group Companies when he became embroiled in a controversy involving loans to controversial
Labor
Labour or labor may refer to:
* Childbirth, the delivery of a baby
* Labour (human activity), or work
** Manual labour, physical work
** Wage labour, a socioeconomic relationship between a worker and an employer
** Organized labour and the labour ...
MP Gordon Nuttall
Gordon Richard Nuttall (born 13 June 1953) is a former Australian politician who represented Sandgate in the Queensland Parliament from 1992 to 2006.
He was a member of the Labor Party and served as a minister in the Beattie Ministry from ...
, who was jailed for
corruption
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...
in July 2009. At the time of his death, he was a shareholder in
Western Australia
Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to ...
n mining company
Sundance Resources
Sundance Resources Limited is an Australian mining company, based in Perth, Western Australia, whose main assets are iron ore leases in Cameroon near Mbalam, and across the border in the Republic of Congo. Following the loss of the Congo mining li ...
.
On 19 January 2007, the
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, established_ ...
Crime and Misconduct Commission charged Talbot with corruptly making payments totalling close to $360,000 to Nuttall. He was due to face court in
Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a populati ...
on 30 August 2010 on 35 charges relating to corruption.
Death
On Saturday, 19 June 2010, Talbot was on a chartered flight between
Yaoundé
Yaoundé (; , ) is the capital of Cameroon and, with a population of more than 2.8 million, the second-largest city in the country after the port city Douala. It lies in the Centre Region of the nation at an elevation of about 750 metres (2,50 ...
,
Cameroon
Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west- central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; th ...
and
Congo with his personal assistant, Natasha Flason as well as fellow Sundance Resources executives Geoff Wedlock, Don Lewis, John Carr-Gregg, John Jones and Craig Oliver,
when the plane went missing. Rescuers found the wreckage of a missing plane carrying nine passengers and two crew, suspected to be Talbot's aircraft, in Congo on 21 June. There were no survivors.
Talbot's funeral was held on 14 July 2010. The corruption proceedings against Talbot were formally discharged on 12 August 2010.
References
{{DEFAULTSORT:Talbot, Ken
1950 births
2010 deaths
Australian chief executives
Logie Award winners
People from Brisbane
Victims of aviation accidents or incidents in the Democratic Republic of the Congo