NSW Labor politician Eddie Obeid and his son Moses were to gain more money from the privatisation of Sydney Water than they did from the corrupt Mount Penny coal deposit deal.
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The ICAC found Ian Macdonald the then Minister for Primary Industries and Minister for Mineral Resources had aided Obeid to get the mining rights to Mt Penny.
However, it was also revealed both sides of politics benefited from the Sydney Water deal.
Labor is not the only party to indulge in kleptocracy.
Political corruption can come in many forms, but include bribery, extortion, cronyism, nepotism, patronage, graft and embezzlement, etc.
Politicians should be fully aware that any of these can end their careers.
We don't want any more Craig Thomsons, Eddie Obeids, Ian Macdonalds or Al Grassbys strutting our halls of parliament.
Hopefully some Coalition politician's conscience will be provoked into taking the same view as Senator Faulkner has in calling a spade a spade.
