Federal ICAC now!

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Via the ABC:

The alleged donation scheme engulfing the New South Wales Labor Party is unlikely to have been brought under the same scrutiny if similar allegations were to occur at the federal level, prominent barrister Geoffrey Watson has warned.

The NSW Independent Commission Against Corruption (ICAC) began public hearings last week into whether some Labor Party officials and political donors entered into an alleged scheme in breach of NSW donation laws.

The inquiry has focused on a Labor Friends of China dinner in March 2015, where $100,000 in donations were made by 12 separate donors.

The inquiry has heard evidence from a NSW Labor official who alleges the source of the $100,000 was actually Chinese billionaire Huang Xiangmo.

The individual donations were alleged to be by “straw donors” designed to conceal that the donor was Mr Huang, who is prohibited from making donations in NSW because of his property-development business.

The official told the inquiry Mr Huang personally delivered the funds to the NSW Labor headquarters in cash in an Aldi bag in April 2015.

Mr Huang is not currently in Australia. His permanent residency was cancelled earlier this year.

Concerns have been raised about his relationship with the Chinese Government, in a political environment where there are growing concerns over foreign influence attempts.

“The whole of Australia should be watching this with eagle eyes because this is a really important point that’s being debated here,” Mr Watson, who has previously acted as counsel assisting ICAC, told 7.30.

“It’s talking about the influence exerted over an Australian election by the Chinese Government, if it goes that high. That’s what we’ve got to look at. Does it go that high?”

Mr Watson is also the director of the Centre for Public Integrity, a group of former judges and top Australian lawyers campaigning for a national integrity commission that would have the powers to examine corruption allegations at the federal level.

“It’s a very sad moment in watching this to think if this same sort of conduct was occurring in a federal election, there is no properly equipped federal agency to look at the anti-corruption aspects,” Mr Watson said.

“We need a federal, a national integrity commission, we need it now.”

The inquiry is set to run for six weeks.

My Huang was banned after paying to have lunch with Home Affairs Minister Peter Dutton, the very man that expelled him. The day after the revelations, ScoMo called the federal election and it was all swept under the carpet.

Federal ICAC now!

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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.