An arm of the company tasked with advising the Turnbull government on its signature infrastructure project, Snowy Hydro 2.0, has been banned by the World Bank for alleged bribery and corruption, prompting further calls for a federal anti-corruption watchdog.
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| Prime Minister Malcolm Turnbull poses for a photo during his announcement of Snowy Hydro 2.0 in March. |
Federal Labor has demanded the Turnbull government reassure taxpayers the project remains on track, and the Greens have suggested the matter underscores the need for a corruption commission to oversee government agencies.
Engineering company SMEC had five of its subsidiaries banned by the World Bank last week after an investigation into "inappropriate payments" linked to projects in Sri Lanka and Bangladesh.
SMEC was chosen to undertake the $29 million feasibility study back in May and the work is due to be finished by the end of the year. The firm was selected by the state and federal government-owned Snowy Hydro corporation, which runs the current power plant.
Read the story in today’s Melbourne Age - “Turnbull government faces questions over Snowy Hydro 2.0 as firm banned over corruption allegations.”
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