Thursday, February 09, 2006

Officer buried property scam

Officer buried property scam - National -

Graham Wade, a former property sales manager in the then Home Purchase Assistance Authority within the department, has told the ICAC that he had planned to sell surplus government properties at as low a price as possible to friends, and split the profits when his friends resold them at a higher price.

Instead of making State govt land available to do price covenant-controlled affordable housing, the NSW State govt (Labor) have corrupt officials selling it off in a scam instead... land that could be redeveloped into affordable housing... it's good to see how Labor looks after the battling working poor...

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