Property developer faces ICAC over ’straw’ donation

THE Australian boss of an international property development firm is due to front a corruption inquiry today where it's expected he will be grilled over allegedly visiting a key witness involved in a donations scandal.

ICAC investigators had earlier heard Wu International managing director Alex Wood, previously known as Alex Wu, visited the home of former employee Steve Tong just before 9pm in November last year.

Mr Tong is believed to be one of 12 "straw" donors whose names were allegedly used to cover up an illegal $100,000 donation from Chinese billionaire Huang Xiangmo, a banned donor, handed to Labor after a March 2015 fundraiser.

Bill Shorten and former Labor leader Luke Foley at the 2015 fundraiser.
Bill Shorten and former Labor leader Luke Foley at the 2015 fundraiser.

Mr Tong has told the inquiry he was scared company bosses would "hire a scoundrel" to take revenge on him if he didn't go along with a scheme to use his name for a $5000 donation to NSW Labor.

Chinese billionaire Huang Xiangmo (middle)
Chinese billionaire Huang Xiangmo (middle)

Yueran Zhan - who also worked for Wu International - last week told the inquiry he drove his cousin and boss Mr Wood to Mr Tong's home in Pennant Hills, in Sydney's northwest, in November.

Mr Zhan said he couldn't remember details of the conversation Mr Wood had with Mr Tong at the time.

The inquiry was also told this meeting was held on the same day ICAC served a summons on Mr Tong.



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