Overview
- Police arrested Helmy on September 26 at a Lakemba share house, where he admitted he was hiding in a cupboard when officers entered.
- Helmy told the inquiry he knew a warrant was out for his arrest and that he had watched the inquiry’s July opening via ICAC’s live stream.
- The probe centres on allegations he received about $11.5 million from nine contractors linked to roughly $343 million in public works, with payments in cash, gold and cryptocurrency.
- Counsel assisting alleges Helmy leaked tender information and stacked evaluation panels to steer work to preferred firms.
- Public hearings have resumed with Helmy scheduled to give evidence for several days, no criminal charges have been laid to date, and earlier raids seized gold, cash, a Maserati and cryptocurrency.