Image for NSW Premier Barry O’Farrell to resign over evidence he gave to ICAC

New South Wales Premier Barry O’Farrell says he will resign owing to a “significant memory fail on my part” when giving evidence to the Independent Commission Against Corruption (ICAC) yesterday.

Mr O’Farrell has been unable to explain to ICAC a call from his phone to an Australian Water Holdings (AWH) executive who allegedly gave him a $3,000 bottle of Grange wine.

ICAC alleges the company AWH lobbied Mr O’Farrell over an agreement with the state-owned Sydney Water to roll out water infrastructure.

AWH is accused of corruptly billing Sydney Water for expenses and using the money for political donations, executive salaries and various other expenses.

Read the rest, ABC here