Wednesday, February 29, 2012

NSW: Opposition slams RailCorp pay rises


AAP General News (Australia)
12-06-2007
NSW: Opposition slams RailCorp pay rises

The New South Wales opposition has blasted the state government for awarding hefty
pay rises to RailCorp executives .. including the head of a division at the centre of
a corruption inquiry.

Fairfax reports GARY SEABURY .. the head of the asset management division .. has had
his salary boosted to 379-thousand dollars.

The division has been hammered in a series of ICAC hearings .. with three managers
admitting to scams that netted hundreds of thousands of dollars in illicit payments.

Opposition leader BARRY O'FARRELL says he's not sure how Premier MORRIS IEMMA and Transport
Minister JOHN WATKINS can justify the increases.

RailCorp's annual report shows executive pay almost doubled in a year .. from 4.9 million
in 2005-06 to more than 9.4 million last financial year.

AAP RTV kd/ibw/jec/

KEYWORD: RAILCORP OPPOSITION (SYDNEY)

2007 AAP Information Services Pty Limited (AAP) or its Licensors.

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