Surely
Post Whore
- Messages
- 101,238
Poor old quigs typing in vain.
The Herald has learnt that Mr Gerathy, who was due to appear this week, has told investigators he will not be well enough to attend.
Unwell ... John Gerathy. Photo: Kate Geraghty
The inquiry is investigating allegations that Mr Macdonald, as resources minister, subverted a government coal tender for the financial benefit of his friend and colleague Eddie Obeid. Mr Obeid and Mr Macdonald are both former ALP upper house members.
Advertisement
It was revealed that Mr Gerathy, who has a business called Bagman Properties, has bankrolled Mr Macdonald to the tune of more than $550,000.
Counsel assisting the inquiry, Geoffrey Watson, SC, said Mr Gerathy was a ''crucial witness'' and that it was his handwriting on documents that showed intimate knowledge of the proposed sale of Cascade Coal to publicly-listed company White Energy.
Mr Gerathy's document noted that the Obeids, codenamed ''The Irish'', were to receive $60 million and that Mr Macdonald was to receive $4 million from his friend Greg Jones's $60 million share of Cascade. ''This matches perfectly with the deal done by the Obeids with Cascade, did you know that?'' Mr Watson asked Mr Macdonald. When he said he did not, he was asked how would his partner Mr Gerathy know about it and not him. ''John often had many businesses and operated completely and utterly independent of me. I'm not, I don't live in his pocket,'' Mr Macdonald said.
Financial records show that Mr Gerathy, who was appointed by Mr Macdonald to the Wine Council and the Homebush Motor Racing Advisory Board, has been making regular payments into Mr Macdonald's' bank account totalling $450,000. He repaid a $100,000 debt of Mr Macdonald's
Read more: http://www.smh.com.au/nsw/macdonald...l-care-unit-20130213-2eddv.html#ixzz2KpYhO6xu
Maybe stuntman can borrow some money off McDonald
Old McDonalds mate had a farm e I e I o
The Herald has learnt that Mr Gerathy, who was due to appear this week, has told investigators he will not be well enough to attend.
Unwell ... John Gerathy. Photo: Kate Geraghty
The inquiry is investigating allegations that Mr Macdonald, as resources minister, subverted a government coal tender for the financial benefit of his friend and colleague Eddie Obeid. Mr Obeid and Mr Macdonald are both former ALP upper house members.
Advertisement
It was revealed that Mr Gerathy, who has a business called Bagman Properties, has bankrolled Mr Macdonald to the tune of more than $550,000.
Counsel assisting the inquiry, Geoffrey Watson, SC, said Mr Gerathy was a ''crucial witness'' and that it was his handwriting on documents that showed intimate knowledge of the proposed sale of Cascade Coal to publicly-listed company White Energy.
Mr Gerathy's document noted that the Obeids, codenamed ''The Irish'', were to receive $60 million and that Mr Macdonald was to receive $4 million from his friend Greg Jones's $60 million share of Cascade. ''This matches perfectly with the deal done by the Obeids with Cascade, did you know that?'' Mr Watson asked Mr Macdonald. When he said he did not, he was asked how would his partner Mr Gerathy know about it and not him. ''John often had many businesses and operated completely and utterly independent of me. I'm not, I don't live in his pocket,'' Mr Macdonald said.
Financial records show that Mr Gerathy, who was appointed by Mr Macdonald to the Wine Council and the Homebush Motor Racing Advisory Board, has been making regular payments into Mr Macdonald's' bank account totalling $450,000. He repaid a $100,000 debt of Mr Macdonald's
Read more: http://www.smh.com.au/nsw/macdonald...l-care-unit-20130213-2eddv.html#ixzz2KpYhO6xu
Maybe stuntman can borrow some money off McDonald
Old McDonalds mate had a farm e I e I o
