The managing director of Transfield Holdings, Luca Belgiorno-Nettis, says his company made political donations because “it was fairly plain that that bought access” to politicians and created opportunities to influence events.
Belgiorno-Nettis told Monday’s Four Corners program political donations were like the Latin saying Do Ut Des, “You give in order to have given back.”
“I think it was fairly plain that [donations] bought access in terms of the ability to simply be able to knock on the door and make the phone call and have the meeting with the political masters to voice whatever concerns that we might have, or indeed just to explore further relationships and further potential opportunities,” said the prominent businessman, who has now renounced donations and founded the new Democracy foundation.
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