NSW public officials and members of Parliament – allegations concerning corrupt conduct involving Australian Water Holdings Pty Ltd (Operation Credo)

The ICAC is investigating allegations that persons with an interest in Australian Water Holdings Pty Ltd (AWH) obtained a financial benefit through adversely affecting the official functions of Sydney Water Corporation (SWC) by: including expenses incurred in other business pursuits in claims made on SWC for work on the North West Growth Centre; drawing from funds allocated for other purposes; and preventing SWC from ascertaining the true financial position, including the level of the executives’ remuneration.

The Commission is also investigating whether public officials and others were involved in the falsification of a cabinet minute relating to a public private partnership proposal made by AWH intended to mislead the NSW Government Budget Cabinet Committee and obtain a benefit for AWH, and other related matters.

The Commission has been unable to progress the publication of the Operation Credo report owing to the criminal proceedings being conducted by the DPP against Mr Edward Obeid and Mr Moses Obeid. While those proceedings arise out of the Operations Cyrus and Jasper investigations, the Commission is of the view, in accordance with section 18 of the Independent Commission Against Corruption Act 1988, that the publication of the Operation Credo report during the currency of criminal proceedings may prejudice the right of the accused to a fair trial.

As there are common elements to this investigation and Operation Spicer, the evidence taken in each operation is taken as evidence in both operations.

For information about the Operation Spicer report, published on 30 August 2016, visit this page.

In both operations Credo and Spicer, the Commission also investigated the circumstances in which false allegations of corruption were made against senior SWC executives.

Transcripts Transcripts
View all transcripts associated with this investigation. The Commission makes every effort to post the daily transcripts of its public inquiries on its website by 8:00 pm each day when possible. If the Commission sits later than 4:00 pm, the daily transcripts, particularly the afternoon session, may not be available until the next working day. View transcripts
Public Notices, Media Releases and Fact Sheets Public Notices, Media Releases and Fact Sheets
Operation Spicer report to be furnished 30 August 2016 View media release
Updated Operations Credo and Spicer reports status View public notice
Operations Credo and Spicer reports status View public notice
MEDIA ALERT: Operation Spicer public inquiry resumes this Wednesday View media release
Operation Spicer amended public notice View public notice
Operation Spicer public inquiry resumes Wednesday 6 August 2014 View media release
MEDIA ALERT: Public inquiry into allegations concerning soliciting, receiving and concealing payments (Operation Spicer) starts Monday View media release
MEDIA ALERT: Public inquiry into alleged corruption involving public officials and persons with interest in Australian Water Holdings starts Monday View media release
Directions for operations Credo and Spicer public inquiries View public notice
MEDIA ALERT: Operations Credo and Spicer directions hearing to be held tomorrow View media release
Operation Credo public notice View public notice
Operation Spicer public notice View public notice
ICAC public inquiries into alleged corruption concerning MPs, Australian Water Holdings and political donations View media release
Witness Lists Witness Lists

Witness List

Exhibits Exhibits

Exhibit List

Operation Spicer Exhibits

Exhibit Z1
Exhibit Z2
Exhibit Z3
Exhibit Z4
Exhibit Z5
Exhibit Z6
Exhibit Z7
Exhibit Z8
Exhibit Z9
Exhibit Z10
Exhibit Z11
Exhibit Z12
Exhibit Z13
Exhibit Z14
Exhibit Z15
Exhibit Z16
Exhibit Z17
Exhibit Z18
Exhibit Z19
Exhibit Z20
Exhibit Z21
Exhibit Z22
Exhibit Z23
Exhibit Z24
Exhibit Z25
Exhibit Z26
Exhibit Z27
Exhibit Z28
Exhibit Z29
Exhibit Z30
Exhibit Z31
Exhibit Z32
Exhibit Z33
Exhibit Z34
Exhibit Z35
Exhibit Z36
Exhibit Z37
Exhibit Z38
Exhibit Z39
Exhibit Z40
Exhibit Z41
Exhibit Z42
Exhibit Z43
Exhibit Z44
Exhibit Z45 Tab 1
Exhibit Z45 Tab 2
Exhibit Z46
Exhibit Z47
Exhibit Z48
Exhibit Z49
Exhibit Z50
Exhibit Z51
Exhibit Z52
Exhibit Z53
Exhibit Z54
Exhibit Z55
Exhibit Z56
Exhibit Z57 
Exhibit Z58
Exhibit Z59
Exhibit Z60
Exhibit Z61
Exhibit Z62
Exhibit Z63
Exhibit Z65
Exhibit Z66
Exhibit Z67
Exhibit Z68
Exhibit Z69
Exhibit Z70
Exhibit Z71
Exhibit Z72
Exhibit Z73
Exhibit Z74
Exhibit Z75
Exhibit Z76
Exhibit Z77
Exhibit Z78
Exhibit Z79
Exhibit Z80
Exhibit Z81 
Exhibit Z82
Exhibit Z83
Exhibit Z85
Exhibit Z86
Exhibit Z87
Exhibit Z88
Exhibit Z89
Exhibit Z90
Exhibit Z91
Exhibit Z92
Exhibit Z93
Exhibit Z94
Exhibit Z95
Exhibit Z96
Exhibit Z97
Exhibit Z98
Exhibit Z99
Exhibit Z100
Exhibit Z101
Exhibit Z102
Exhibit Z105
Exhibit Z106
Exhibit Z107
Exhibit Z108
Exhibit Z109
Exhibit Z110
Exhibit Z111 
Exhibit Z112
Exhibit Z113
Exhibit Z114
Exhibit Z115
Exhibit Z116
Exhibit Z117
Exhibit Z118 (multimedia item available on request)
Exhibit Z119
Exhibit Z120
Exhibit Z121
Exhibit Z122
Exhibit Z123
Exhibit Z124
Exhibit Z125
Exhibit Z126
Exhibit Z128
Exhibit Z129
Exhibit Z130
Exhibit Z131
Exhibit Z132
Exhibit Z133
Exhibit Z134
Exhibit Z135

Exhibit S1
Exhibit S2
Exhibit S3
Exhibit S4
Exhibit S5
Exhibit S6 and S7
Exhibit S8
Exhibit S9 and S10
Exhibit S11 S12 S13
Exhibit S14
Exhibit S15
Exhibit S16
Exhibit S17
Exhibit S18
Exhibit S19
Exhibit S20
Exhibit S21
Exhibit S22
Exhibit S23
Exhibit S24
Exhibit S25
Exhibit S26
Exhibit S27
Exhibit S28
Exhibit S29
Exhibit S30
Exhibit S31
Exhibit S32
Exhibit S33
Exhibit S34
Exhibit S35
Exhibit S36
Exhibit S37
Exhibit S38
Exhibit S39
Exhibit S40
Exhibit S41
Exhibit S42
Exhibit S43
Exhibit S44
Exhibit S45
Exhibit S46
Exhibit S47
Exhibit S48
Exhibit S49
Exhibit S50
Exhibit S51
Exhibit S52
Exhibit S53
Exhibit S54
Exhibit S55
Exhibit S56
Exhibit S57
Exhibit S58
Exhibit S59 
Exhibit S60
Exhibit S61
Exhibit S62
Exhibit S63
Exhibit S64
Exhibit S65
Exhibit S66
Exhibit S67
Exhibit S68
Exhibit S69
Exhibit S70
Exhibit S71
Exhibit S72
Exhibit S73
Exhibit S74
Exhibit S75
Exhibit S76
Exhibit S77
Exhibit S78
Exhibit S79
Exhibit S80
Exhibit S81
Exhibit S82
Exhibit S83
Exhibit S84
Exhibit S85
Exhibit S86
Exhibit S87
Exhibit S88
Exhibit S89
Exhibit S90
Exhibit S91
Exhibit S92
Exhibit S93
Exhibit S94
Exhibit S95
Exhibit S97
Exhibit S98
Exhibit S99
Exhibit S100
Exhibit S102
Exhibit S103
Exhibit S104
Exhibit S105
Exhibit S106
Exhibit S107
Exhibit S108

Section 112 - Variation of Suppression Order - E Obeid - 14 March 2014
Section 112 - Variation of Suppression Order - P Costa - 14 March 2014

Operation Credo Exhibits

Exhibit C1
Exhibit C2
Exhibit C3
Exhibit C4
Exhibit C5
Exhibit C6
Exhibit C7
Exhibit C8
Exhibit C9
Exhibit C10
Exhibit C11
Exhibit C12
Exhibit C13
Exhibit C14
Exhibit C15
Exhibit C16
Exhibit C17
Exhibit C18
Exhibit C19
Exhibit C20
Exhibit C21
Exhibit C22
Exhibit C23
Exhibit C24
Exhibit C25
Exhibit C26
Exhibit C27
Exhibit C28
Exhibit C29
Exhibit C30
Exhibit C31
Exhibit C33
Exhibit C34
Exhibit C35
Exhibit C36
Exhibit C37
Exhibit C38
Exhibit C39
Exhibit C40
Exhibit C41
Exhibit C42
Exhibit C43
Exhibit C44
Exhibit C45
Exhibit C46
Exhibit C47
Exhibit C48
Exhibit C49
Exhibit C50
Exhibit C51
Exhibit C52
Exhibit C53
Exhibit C54
Exhibit C55
Exhibit C56
Exhibit C57
Exhibit C58
Exhibit C59
Exhibit C60
Exhibit C61
Exhibit C62
Exhibit C63
Exhibit C64
Exhibit C65
Exhibit C66
Exhibit C67
Exhibit C68
Exhibit C69
Exhibit C70
Exhibit C71
Exhibit C72
Exhibit C73
Exhibit C74
Exhibit C75
Exhibit C76
Exhibit C77
Exhibit C78
Exhibit C79
Exhibit C80
Exhibit C81
Exhibit C82
Exhibit C83
Exhibit C84
Exhibit C85
Exhibit C86
Exhibit C87
Exhibit C88
Exhibit C89
Exhibit C90
Exhibit C91
Exhibit C92
Exhibit C93
Exhibit C94
Exhibit C95
Exhibit C96
Exhibit C97
Exhibit C98
Exhibit C99
Exhibit C100
Exhibit C101
Exhibit C102
Exhibit C103
Exhibit C104
Exhibit C105
Exhibit C106
Exhibit C107
Exhibit C108
Exhibit C109
Exhibit C110
Exhibit C111
Exhibit C112
Exhibit C113
Exhibit C114
Exhibit C115
Exhibit C116
Exhibit C117
Exhibit C118
Exhibit C119
Exhibit C120
Exhibit C121
Exhibit C122
Exhibit C123