19:31 EDT, 30 January 2021
One of Australia s richest men is accused of cheating has family out of millions and secretly dumping asbestos on their land.
Queensland cement mogul Raymond Edwin Neilsen is being sued by his sister Leonie Margaret Merker in Sydney s Federal Court.
The 62-year-old woman is a main shareholder in Neilsen Group - a $150million concrete and gravel company built by her parents Ruby and Ernie in the 1970s on flood plains on South Pine River, north of Brisbane.
Mrs Merker and Mr Neilsen now own a fortune worth about $500million, comprising 200 hectares of prime development land and Neilsen Group - which supplies concrete to four local councils, the airport, and the main roads department.