Sunday, May 18, 2014

Corrupt Government Contracts with ERM / Chief Shareholder of Metgasco.

by Luis Feliu  From the Echo
On Saturday, Fairfax Media revealed that Metgasco’s largest shareholder, ERM Power, won an open tender to supply electricity to government departments including NSW Health, Attorney-General and Justice and Education and Communities.

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ERM chairman Tony Bellas, the media group reported, is in business with Mr Obeid’s nephew Dennis Jabour and has links to controversial Liberal Party identity Nick Di Girolamo, who have both been targeted by the ICAC probe into infrastructure company Australian Water Holdings.



Mr Bellas is also a former director of Australian Water Queensland, for whom Mr Obeid’s son Eddie Obeid jnr once worked.

ERM, according to the Fairfax Media report, told the stock exchange in an April 24 statement that the contracts, worth $900 million over three years, meant ERM is now the largest electricity supplier to the NSW government.

ERM, the report said, has also been able to secure a $100 million, 12-month extension to a four-year contract with the federal government.

Under the contract ERM supplies electricity to 80 government departments including Parliament House, Government House, the Australian War Memorial and NSW defence sites including RAAF Williamtown and Holdsworthy Barracks.

Energy minister Roberts said he had no concerns about the awarding of the contracts, while ERM chief executive Philip St Baker said in a statement that the company ‘has not, and has never had any, connection’ with Mr Obeid and his family, Australian Water Holdings, Australian Water Queensland or Mr Di Girolamo.

Mr St Baker told Fairfax Media that ERM Power was not represented on the Metgasco board nor involved in its management, and ‘exercises no influence over the company’.
That was echoed by Metgasco in its statement saying it ‘is not aware of any matter involving the conduct of Metgasco, its staff or of its shareholders that would constitute grounds for an investigation by ICAC’.

An angry chief executive Peter Henderson told ABC radio on Friday that Metgaso had received no warning of the suspension and would seek compensation from the state government.
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Images @ Eminpee Fotography
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