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 OZschwitz statists wasted $350m on Metro, audit reveals

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OZschwitz statists wasted $350m on Metro, audit reveals Vide
PostSubject: OZschwitz statists wasted $350m on Metro, audit reveals   OZschwitz statists wasted $350m on Metro, audit reveals Icon_minitimeThu Dec 02, 2010 4:22 am
In a final and scathing rebuke of the Keneally government's handling of public transport, the NSW Auditor-General says the government wasted more than $350 million on the abandoned underground Metro project.

Peter Achterstraat says in his report on transport projects: "Of the $412 million spent on the Sydney Metro, $356 million represents expenditure with no apparent benefit to the people of NSW."

His comments directly contradict the premier, Krstina Keneally, who, when she dumped the Metro in February, insisted the money had not been wasted.
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She said at the time: "In fact, the work we have done on CBD Metro has been very useful and it will continue to be so."

Mr Achterstraat, who is respected widely for his independence, also said the Metro debacle should serve as a lesson.

"I recommend the NSW Government identify lessons learnt from the Sydney Metro experience and ensure the State never again expends such a large amount of scarce transport dollars and valuable time on a project that does not proceed."

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