Corruption embroils Melbourne’s Metro Trains

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Victoria’s Independent Broad-based Anti-corruption Commission (IBAC) has heard further evidence about the use of cash payments in the state’s rail industry.

Metro Trains executive Peter Bollas told the hearing that he had been paid between $8,000 and $10,000 a month by Transclean CEO George Haritos over several years. The firm has had a contract to clean Metro Trains’ rail carriages since early 2011.

Bollas also alleged that V/Line CEO James Pinder received similar cash payments from Haritos. Pinder had previously claimed that the payments were winnings from a gambling syndicate.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.