Another MP corrupted by Chinese dough

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Via AP:

NSW Liberal government MP Daryl Maguire has resigned after he was secretly recorded discussing the potential “dividend” he and a local councillor could reap from the sale of a Sydney property to a giant Chinese developer.

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The New South Wales premier is urging the disgraced state MP Daryl Maguire to reconsider his position in politics after secret phone recordings of him discussing potential developer “dividends” were played at a Sydney corruption inquiry.

Gladys Berejiklian said she felt “deep disappointment” after learning the recordings, played at an Independent Commission Against Corruption hearing on Friday, were of the Wagga Wagga MP trying to strike a deal in 2016 with the then Canterbury city councillor Michael Hawatt.

“Whilst it is for Mr Maguire alone to determine whether he stays on as the elected member until next March, I would encourage him to think carefully as to whether he can effectively represent the people of Wagga Wagga from here on in,” Berejiklian said in a statement on Sunday.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.