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Millionaire's Secret Payments Fuel Liberal Party Takeover Scandal

Published July 27, 2026 at 9:02 PM UTC

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A millionaire's secret payments have triggered a major corruption probe into the New South Wales Liberal Party, with evidence of hidden funds used to influence internal elections. The Independent Commission Against Corruption (ICAC) heard this week that the donor gave approximately $165,000 in cash, along with a red vest and gold watch, to support a factional takeover. Phone taps revealed discussions about 'sham' payments designed to bypass disclosure rules. Separately, a secret briefing showed the premier was warned years ago about corruption risks in the state's Big Build infrastructure program. The scandal has damaged public trust in the party and raised questions about the integrity of political donations. The ICAC hearings continue, with potential referrals for criminal charges and calls for tighter donation laws. The outcome could reshape party rules and influence how political funding is regulated in Australia.