Another dodgy Labor ratbag

The ALP really is full of dodgy union connected ratbags:

The son of ALP powerbroker Eddie Obeid has admitted that the former resources minister Ian Macdonald provided him with a list of mining companies which included the name of a company which went on to win six of 11 licences subsequently put to tender by the government.

And Moses Obeid conceded that his father, who was head of the faction which picked the ALP’s last three state premiers, had been kept informed of negotiations to sell a family farm which sat within one of these licence tenements: “We were not going to hide from him that the family farm was going to be sold … He knew about it.” 

The Independent Commission Against Corruption is probing a tender of coal licences conducted under Mr Macdonald’s watch in 2008 which has created millions of dollars in windfall gains for the Obeid family, and has alleged that these gains were the result of a corrupt conspiracy.

Early in his evidence, Moses Obeid did accept that information given to him by Mr Macdonald, and decisions later taken by the government, meant his family stood to make more than $75 million.

But Moses Obeid this morning denied knowing at the time that the family was trading on highly-sensitive confidential information. He said it seemed to him that the Department of Primary Industries was “leaking like a sieve”.

After receiving the list of companies and passing it on to a merchant banker, Gardner Brook, evidence previously given at the inquiry has established that the Obeid family held extensive negotiations with Monaro Mining before it bid and won its licences.

In sometimes fiery exchanges with counsel assisting the inquiry, Geoffrey Watson SC, Moses Obeid said he “obviously don’t know the way that business is done”.

Oh we know how business is done in the Labor party and their dodgy union mates…the ICAC and other court cases are revealing all that for us and will continue to do so right up the general election in Australia.


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  • blokeintakapuna

    With all the dodgy Labour Party goings-on and the corruption charges filed month’s late against Thomson, with the unions and Labour on both sides of the ditch being one side each of the same coin… and we know the Aussie unions are often here in NZ lending their “expertise” – MUNZ & LoTR attempted hijack – encouraging Corporate extortion until their ransom demands are met…

    The question I ask, “Do birds of a feather flock together?”

    If so, and with publicly available information on the unions financials being highly irregular and even deliberately presented to obfuscate as much as possible… where many millions in cash and assets have “appeared and disappeared” in their finances, is there the possibility of even more union/Labour Party corruption than already witnessed and demonstrated by their corrupt MP’s? Could there be even more, undiscovered, corrupt Labour Party MP’s / union activities?

    Who is checking how these unions missed millions in their accounts? But were still able to finance the Labour Party for the 7 years they operated illegally?

    How does the Auditor General reconcile those same unions funding the Labour Party whilst trying to maintain public confidence in our Parliamentary systems when these corrupt activities have been happening in union finances – and in some cases, for 7 consecutive years?

    7 years of illegally operating unions financing of the Labour Party, does not do NZ Inc any favours with our World rankings in transparency and “least corrupt” nations when we have this stench and whiff of illegal financing activities… against the Aussie backdrop of all the corruption happening there right now.

    How can any legitimate organisation – regardless of legal framework structure they operate under – miss millions and millions in cash & assets for years and years? Unless you were only trying to achieve one possible outcome!

    Where is the SFO / AG / GG / PM and MSM on this issue?

  • StupidDisqus

    We don’t need any investigations: we need all unions banned and deregistered, and the same for the Labour, Green & Mana parties – all their MPs should be dumped and replaced by the second place candidate (electorates) or off the National list.

    And with any luck, Key would finally do what needs to be done for NZ!