Mr Poole said 52

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A key financial backer of a coaching mine spruiked by Labor party figure John Notizen Nina Weiss 46 Maitland has advised a corruption inquiry your dog ''never had any intention'' of operating a training mine and organized instead to sell the resource at a profit.
Andrew Poole, a new Newcastle businessman, has cashed in gives you worth $5.75 million plus retained a portfolio within NuCoal   which bought and sailed the so called training quarry   worth more than $13 million.
On Tuesday, he told the Self-sufficient Commission Against Corruption the project behind the scheme had been always to pick up a coal exploration licence without about to tender. The ''quid pro quo'', Mr Poole said, was to build a training mine as part of the deal.
''I didn't have any intention to hang all over to run a training mine,'' Mr Poole told the inquiry.
The ICAC is investigating why previous resources minister Ian Macdonald granted your coal licence to Doyles Stream Mining, which was run by Mister Maitland, Mr Poole and their fellow individual Craig Ransley, and why they did so contrary to official assistance and without a tender.
It offers heard evidence that Mr Maitland, after being awarded a licence in late 2008, organized a job in China for Mr Macdonald's daughter, Sasha Macdonald, who had went to a lavish event at Flower Bay's Catalina restaurant to celebrate the awarding of the licence.
Mr Ransley, who picked up the $1800 expenses for the meal, told the particular commissioner, David Ipp, QC, he didn't believe the bill to be ''lavish''.
Mr Ransley, whom himself made $15 million on the affair, said he dass ein Grund almost certainly picked some of the wine with the dinner, which included two plastic bottles of Grosset Polish Hill riesling ($100 each), a bottle of Cullen Diana Madeleine ($165), and a magnum with Wantirna Lily pinot noir ($300).
''That sounds like lavish welcome to me that was provided to the particular minister, would you agree?'' Mr Ipp asked. ''No, commissioner,'' Mr Ransley said.
Counsel assisting the inquiry, Andrew d Braham, SC, accused Mr Ransley of intending to make ''false statements'' to help their company obtain the licence without having a tender. ''The intention was to provide the mine  so you could breeze off into was zu beweisen ist  56 the sunset using a pack of money given to a person by Mr Macdonald,'' Mr Braham reported. Mr Ransley denied the statements.
Mr Maitland invested $165,000 as well as scored a share profile worth $15 million; Mr Ransley expended $318,000 and later sold just about all his shares to take money of $15 million.
On The holiday season Eve 2008 when Mr Macdonald announced he was giving the licence for a ''training mine'', Mr Ransley forwarded to his fellow investors an estimate of the resource sizing that was almost five times just what the company had told the us govenment.
''When you read you will understand exactly why I can't wipe the laugh off my face. Cheerful bloody Christmas,'' Mr sophomore alkaen hänen ensimmäinen vuosi on Winnetka kampuksella  57 Ransley wrote. The company had not paid the federal government a cent for the licence.
By late 2008 after Doyles Stream Mining had been invited to try to get the licence by Mr Macdonald, Mr Ransley began to lose their patience with Mr Maitland.
Within an email he sent in January that year and tendered on Tuesday to the inquiry, Mr Ransley identified Mr Maitland as ''a f in' menace'', just after he attempted to become involved within a similar pitch to the Qld government.
  
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