Poor Arthur

Every journalist seems to like Arthur Sinodinos at a personal level, and I always thought he seemed a sensible, straight talking and pragmatic type.   I have my doubts that he is comfortable with the climate change denialism arm of the Coalition, although I guess I could be wrong.  He and Malcolm Turnbull would seem to be a good match.

And this respect for him amongst journalists is what I think is making many of them shake their heads about his involvement with a corrupt company.

It seems to me that the Australian Financial Review is running hardest on the matter, and when even The Australian says an Abbott minister has to step down, you know it must be serious.

Tony Wright gives some surprising detail in the AFR as to how he first heard about the Sinodinos problem:

When The Australian Financial Review alerted readers in a “puff’’ in early 2013 it would publish a magazine item – “Arthur Sinodinos: Going public” – I received a call from a senior figure in the heavily factionalised branch of the NSW Liberal party.

He asked whether the magazine item, of which I was the author, made reference to Sinodinos’s term as chairman of Australian Water Holdings, including tax implications of his 5 per cent stake in the company then believed to be worth about $3.75 million.

This individual also repeated scuttlebutt abroad in the NSW branch that Sinodinos’s personal finances were stretched. Political journalists get these sorts of calls periodically, more often than not from within the same party or faction of the individual being targeted.

Politics is not conducted according to Marquess of Queensberry rules.

 Another AFR report today talks more about what came out of yesterday's hearing.  I note that the traditional politicians defence of "not recalling" has been deployed by Arthur already:

Senator Sinodinos, who stood down as Tony Abbott’s assistant treasurer on Wednesday, told the Senate in February 2013 that political donations by AWH “were handled by the ­management of the organisation at their discretion”.

“I do not recollect donations to political parties being discussed at the board level,” he said. ICAC documents show that between April 2009 and May 2011, AWH paid $183,342 to the Liberal Party-related slush fund known as EightByFive, operated by Tim Koelma, a staffer for former NSW state Energy Minister Chris Hartcher.

The payments by AWH were booked as public relations services from Mr Koelma.

As a rule of thumb, when a politician deals with questions about his knowledge of damaging matters at the time they happened by using the "I have no recollection" formula, it is usually a sign that they are on the way out.

I don't think Arthur will be back.

Update:  now Fairfax provides some of the details of Arthur's financial problem at the time he took the ill fated job.   I didn't realise how good a pun the title of this post would turn out to be.