Newcastle Lord Mayor and property developer Jeff McCloy resigns as Newcastle Mayor over ICAC probe into Liberal Party banned donations scandal. McCloy, has resigned in the wake of the Independent Commission Against Corruption (ICAC) inquiry into banned developer donations.
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The Downward Slide ? |
Mr McCloy, who is also a millionaire developer, refused calls for him to stand down for days, despite admitting he made banned donations to several Liberal candidates ahead of the 2011 New South Wales election, including to Newcastle's Tim Owen and Charlestown's Andrew Cornwell.
Both MPs have since resigned from politics.
Mr McCloy wrote to Newcastle City Council's general manager on Sunday and tendered his resignation, saying the controversy may affect the way council functions.
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