Alan Eldridge: curious case of midnight liquidity around Narrandera Airport

At present, the Independent Commission Against Corruption (ICAC) in New South Wales is inquiring into allegations of corrupt conduct against Mr Alan Eldridge, the (stood down) General Manager of Wagga Wagga City Council.

ICAC may be a long drive from Wagga Wagga, but it will profitably inquire into the interest Mr. Eldridge holds in developments in his name or proxies that situated adjacent to certain regional airports.

Consider Wagga Wagga Airport and Narrandera-Leeton Airport. servicing the New South Wales Riverina region.

Plans afoot…

Mr Eldridge is not only involved in the Inglewood development adjacent to Wagga Wagga Airport, he also had an interest in property right next door to Narrandera-Leeton Airport – ‘Midgee’ farm owned by farmer Darren John Ciavarella.

Midgee farm here is shown in yellow – Narrandera-Leeton Airport already extends into Midgee.  WTF?

 

Given that it is publicly known that regional airports are being upgraded (many suspiciously to ‘international arrival/departure‘ status), it appears there is much money to be made in adjoining and nearby developments.

New South Wales Nationals MP Katrina Hodgkinson (member for Cootamundra in the Riverina) on December 8 2015, announced that Narrandera-Leeton Airport had secured $125,000 in funding to Narrandera Shire Council (which owns the airport) to widen and seal the general aviation parking area. This was to allow for flights and bigger aircraft.  Why?

Hodgkinson press released:  “Projects include terminal upgrades, apron and runway improvements, investment in airport emergency services, lighting upgrades and other vital works to accommodate more and larger aircraft and to improve safety and services.”

Why?   What do these three words have in common:  ‘Riverina’ + ‘China’ + ‘Immigration’?

Common denominator?

Some curious facts have come to light…

After being sprung by the legal owner of ‘Midgee’ farm trespassing with alleged prospective buyers from Queensland (Nov 1 2014), Mr Eldridge
communicated by telephone with solicitor Ross Mulquiney for Hargraves Secured Investments.

Ross Mulquiney

What connection did he already have with Hargraves, a loan company then moving in on the Midgee property?

Subsequently, with front man Mr James Madden, he registered a “company” with ASIC on November 14 2014. Alan Eldridge held shares in this GRTAJ Pty Ltd until August 6 2015, just two months before he was “appointed” as acting General Manager of Wagga Wagga Council.

What is GRTAJ Pty Ltd?  Well, curiously the current business address for GRATAJ Pty Ltd is the same as the Eldridge Group, owned by guess who, Alan Eldridge.

Nice try bully boy!

Then, we discover the following transfer of sale document for Midgee farm dated August 4, 2015 of almost a year later.  James madden as “sole director” of  GRTAJ Pty Ltd buys Midgee farm from Hargraves Secured Investments. See transfer of sale document below.

 

GRTAJ Pty Ltd’s current principal place of business and current registered office is Eldridge Group, 139 Peter Street, Wagga Wagga (a building currently up for sale).

‘Midgee’ farm for sale again only 18 months later 

Expressions of interest close next week. Offers around $1 million.

 

Hargraves loan company has foreclosed on Midgee.

Read Background:

February 10, 2017:  Riverina Racketeering Grabs Farmer’s Property

February 13, 2017:  Riverina Racketeering and the curious appointment of Tristan Kell to Wagga Town Planning

 

Subsequent purchase took place at a grossly undervalued figure and in odd circumstances.

On August 4 2015, a court action commenced by the lawful owner was on foot to halt the sale.  The evening before, Ross Mulquiney of Hargraves, emailed a solicitor for the owner that his caveat prevented sale.

Yet, Mulquiney appeared in the Supreme Court on August 4 and said that overnight a sale had been made and that it was lawful (the caveat should have prohibited the sale at that time).

Midgee Midnight Purchase?

Does Mr. Eldridge know how his partner conjured the dollars? Were the dollars in fact a Hargraves under-the-table loan arranged att the midnight hour?

Two days later, Mr. Eldridge sold his shares in GRATAJ Pty Ltd.

What is Mr Eldridge’s connection to Hargraves Secured Investments, aka Hargraves Solicitors?

Allegations now swirl about that Hargraves utilises a type of “forensic” asset stripping operation to defraud unwitting victims.

It will be most interesting to see whether Mr Eldridge’s “willing co-operation” with ICAC will be equally paralleled by his “willing co-operation” in upcoming investigations and litigation concerning Hargraves in the matters of Hargraves asset-stripping the lawful owners of Midgee and other properties.