Australia: Council asks corruption watchdog to look into missing $4 million

A Sydney council has resolved to ask the corruption commission to look into $4 million in missing developer contributions.

The Sydney Morning Herald revealed in December that money that was meant to have been paid by developers was discovered missing from the coffers of Georges River Council after a secretive internal investigation.

Then in February the Herald revealed the council had asked the corruption commission to look into the leaking of information to the media about the missing money – but stopped short of asking ICAC to find out what happened to the money.

Now the council has resolved unanimously “that the matter of the alleged missing $4 million dollars be referred to ICAC”.

Auditors had uncovered widespread under-charging of developer contributions that must be paid when a project is approved to fund essential community infrastructure by the former Kogarah council.

The missing money was investigated by council auditors after Georges River absorbed Kogarah and Hurstville councils during the 2016 amalgamations.

The original full article can be found at smh.com.au

 

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