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No conflict of interest concerning MP Tim Crakanthorp 

The NSW anti-corruption watchdog has terminated its investigation into sacked former minister Tim Crakanthorp over his failure to declare his family’s “substantial” property holdings, saying there was “no reasonable prospects” he would be found corrupt.

The Independent Commission Against Corruption on Wednesday issued a statement confirming it had conducted a “preliminary investigation” into whether Crakanthorp “failed to declare a conflict of interest” over his family’s property holdings in the Hunter region.

It said it had prepared a report concerning “the Commission’s factual and other findings concerning Mr Crakanthorp’s conduct in relation to the NSW Ministerial Code of Conduct”.

It did not reveal the findings of that report, but said it was “satisfied that there are no reasonable prospects of finding Mr Crakanthorp’s conduct is sufficiently serious to justify a finding of corrupt conduct” and had “terminated its investigation”.

“The report has been furnished to the Secretary of The Cabinet Office, and the Premier of NSW, who are the relevant public authority and responsible minister for the purposes of this matter,” the ICAC said in a statement.

“The report has been provided so that they are appraised of the outcome of the Commission’s investigation, the Commission’s findings and for the purpose of taking any action they consider appropriate.”

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