Obeid 'frontman' didn't coach me: witness

Written By Unknown on Selasa, 27 November 2012 | 15.02

AN Obeid family associate gave a key witness at a corruption inquiry into the granting of mining licences in the Bylong Valley a timeline setting out a version of events, the ICAC has heard.

The Independent Commission Against Corruption heard on Tuesday that Andrew Kaidbay gave the document to Gardner Brook, a former senior vice president at Lehman Brothers, before he was due to attend a private ICAC hearing into the granting of coal exploration licences in the coal-rich valley.

ICAC is probing former Labor minister Ian Macdonald's 2008 decision to grant mining licences in the area and how it benefited Labor powerbroker Eddie Obeid, who owned property in the vicinity.

Giving evidence at the inquiry, Mr Brook said Mr Kaidbay, an Obeid "front man", handed him the timeline soon after he arrived from Singapore to give evidence at ICAC on March 12 this year.

Counsel assisting the commissioner, Geoffrey Watson, put it to Mr Brook that Mr Kaidbay "tried to help you fill in your recollection, as it were, about some of the evidence".

"Possibly, I have a very poor memory," Mr Brook replied.

"There was no coaching or anything like that."

Mr Watson suggested to Mr Brook that the document made it appear as if he were the mastermind in all of this.

"It's a pretty self-serving document," Mr Brook replied.

It was also put to Mr Brook that a member of the Obeid family paid for his lawyer at the private ICAC hearing.

Mr Brook said he did not know who had footed the legal bill.

The inquiry has previously heard that Mr Brook was asked by the Obeids to find a company that could partner them in a mining venture in the Bylong Valley.

Mr Brook chose Monaro Mining, a small uranium company with no experience in coal, which ultimately withdrew its bid for the critical Mt Penny tenement.

That licence went to runner-up Cascade Coal after the tender process was reopened by Mr Macdonald.

The inquiry has been told Cascade subsequently paid $30 million to the Obeids.

Mr Brook told ICAC that one of Eddie Obeid's sons, Moses Obeid, said that if Monaro withdrew its bid Cascade would get the Mt Penny licence.

"The assumption was provided to me by Moses Obeid," he told the inquiry.

Earlier, Mr Brook said Moses confided to him that he had inside information about the tender process for mining licences in the area.

Mr Brook also said Moses gave him a handwritten list of companies that would bid in the restricted government tender.

The inquiry continues on Wednesday before Commissioner David Ipp.


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