Jul 8, 2009

The Eels and Sharks swim in murky waters

Good old fashioned investigation into the Parramatta Eels and Cronulla Sharks reveals money laundering.

Alex Mitchell — NSW politics correspondent

Alex Mitchell

NSW politics correspondent

The Sydney Morning Herald’s Kate McClymont and Jacquelin Magnay are conducting a good old-fashioned investigation into the murky affairs of two of Sydney’s richest registered clubs, the Parramatta Eels and Cronulla Sharks.

Yesterday’s front page carried a photo gallery of the stars of their inquiry, including Roy Spagnolo, embattled chairman of the Eels; Domenic Sergi, brother of Pat Sergi who was named in the Woodward royal commission into drug trafficking; and George Gaitanos, developer and business partner of Spagnolo and Roy Mittiga, who has served time for insurance fraud.

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