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Deputy mayor hid $13m stash of property

The deputy mayor of a Sydney council, who has already been referred to the NSW corruption watchdog, failed to declare nearly $13 million of property-related transactions during his first year in office.

Simon Zhou, who is facing a no-confidence vote at Ryde City Council, also failed to disclose his links with property developers and an ongoing interest in gold trading in breach of his obligations as a councillor.

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Neil Chenoweth was a senior writer for The Australian Financial Review
Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com
Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.au

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    Original URL: https://www.afr.com/politics/deputy-mayor-hid-13m-stash-of-property-20191107-p538d3