Police allege a CFMEU official told corrupt building firms he could secure them lucrative jobs on projects financed by the superannuation giant.
Already a subscriber?A high-ranking CFMEU official is alleged to have boasted to corrupt building firms that he could secure them lucrative contracts on major construction projects financed by superannuation giant Cbus because of his influence with insiders at the super fund.
The Langston development was finished in 2022 and involved a mixed-use precinct comprising three apartment towers and retail space. Cbus Property, a wholly owned subsidiary of Cbus, financed the $500 million development.
While many leaders in the union movement anticipated Mr Greenfield snr would step aside as the CFMEU’s NSW secretary when he was charged with serious corruption offences, he refused to do so and still wields considerable industrial power in the state. On Sunday, it emerged that Ms Mallia and Mr Greenfield snr had signed a letter to NSW Premier Chris Minns on Friday attacking him for backing a major clean-up of the CFMEU in response to revelations by this masthead andthat the union had been infiltrated by organised crime and was allegedly involved in serious corruption.
Mr Korras talks about how a scaffolding company was allegedly overwhelmed by the extra work it got after he helped get it a CFMEU agreement in return for money paid to the union. However, then-Victorian premier Daniel Andrews said at the time he believed the incident was “isolated”.paid to Victorian CFMEU officials, Mr Korras can obtain union backing for firms and also place them on state government projects.
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