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Obeids' water deal worth millions?

Posted by: 2UE | 24 January, 2013 - 8:49 AM
Eddie Obeid outside the ICAC inquiry

ICAC has uncovered documents that reveal Labor powerbroker Eddie Obeid secretly has $3.4 million investments in a water company with an exclusive 25-year agreement with the O'Farrell government.

The ICAC inquiry follows a long-term investigation by Fairfax Media journalists into the granting of coal licences and, more recently, into Australian Water Holdings.

SMH Investigative Journalist Kate McClymont speaks with Paul Murray about the explosive findings at the inquiry.


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Revealed: Obeids' $3m water stake

Eddie Obeid

Kate McClymont, Linton Besser EXPLOSIVE documents reveal the family of Labor powerbroker Eddie Obeid secretly has a $3.4 million investment in a water company with an exclusive 25-year agreement with the O'Farrell government.

 

Blog comments Your Say

  • All done under the Old Mates Act between the now defunct labor party and the soon to be defunctus cactus Liberal Party it seems to me!!!!! O'Farrell and his minders won't last long in NSW politics at all. Watch.

    Bill Abrahams Thursday 24 January, 2013 - 8:45 PM

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