By court reporter Jamelle Wells Former assistant federal treasurer Arthur Sinodinos is today due to give evidence at an ICAC inquiry into Australian Water Holdings, which is linked to disgraced ex-NSW Labor MP Eddie Obeid. The commission has heard Senator Sinodinos - a former AWH director and NSW Liberal Party treasurer - stood to make up to $20 million if AWH won a lucrative contract with the state-owned Sydney Water company. AWH is accused of corruptly obtaining money from Sydney Water for executive salaries, political donations and chauffeur-driven limousines around the time Senator Sinodinos served on the board. The inquiry has heard Senator Sinodinos was on a salary of $200,000 per year for 100 hours work. ICAC commissioner Megan Latham has said it is unlikely Senator Sinodinos will be found to have acted corruptly, but he has stood aside as federal assistant treasurer while the investigation continues. More » |
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