Business
Internal probe into toxic land scandal reveals agency flouted rules – Sydney Morning Herald
The secret investigation reveals that bureaucrats didn’t even get a valuation before it paid $53.5m for a highly contaminated parcel of land near Parramatta.
The audit reveals that the land was offered to the department “for an increased price based on vendor expectations”.
“Management did not obtain a formal independent valuation of the property at that point in time. There was also no segregation of duties governing the roles and responsibilities related to land acquisitions,” it states.
The land at 6 Grand Avenue in Camellia, and Transport Minister Andrew Constance. Credit:
The Camellia deal in June 2016 was by far one of the largest commercial property…
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