BREAKING NEWS: TWO former high-profile Labor MPs, Eddie Obeid and Ian Macdonald, have been found by the NSW ICAC to have acted corruptly and referred for possible criminal charges.
Following the largest corruption investigation in NSW history, the Independent Commission Against Corruption (ICAC) today handed down three reports.
Commissioner David Ipp has recommended that Mr Obeid and Mr Macdonald be considered by the Department of Public Prosecution (DPP) for possible prosecution over their involvement in the Mount Penny coal mine.
Mr Obeids' son Moses, and businessmen Travers Duncan, John McGuigan, John Atkinson, John Kinghorn and Richard Poole were also found to have engaged in corrupt conduct.
Operation Jasper investigated reports that Mr Macdonald rigged a 2008 tender process to grant a coal licence over land at Mount Penny owned by the Obeid family.
It enabled the Obeids to make $30 million, with the prospect of earning at least $70 million more.