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Friday, April 4, 2014

Icac inquiry: AWH had just $36 in the bank when it was trying to close deal

Corruption inquiry told Australian Water Holdings wanted to buy $400m worth of assets from Sydney Water for half the price


When Australian Water Holdings was trying to close a deal which would have made the Obeid family and Arthur Sinodinos millions it had just $36 in the bank, a corruption inquiry has heard.


The Independent Commission Against Corruption (Icac) hearings into AWH were interrupted on Friday when a man who yelled Im Peter Hore, serial pest stormed the proceedings, injuring a special constable in the process.




















source Guardian

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