Liberal operatives discussed whether to buy Porsche or Ferrari with developer’s payments, Icac hears

Lobbyist Jeremy Greenwood wrote ‘there’s something about a red Ferrari’ in a text exchange, Icac has heard. Photograph: Damian Shaw/AAP

Two Liberal operatives traded photos and messages about whether to buy a Porsche or a Ferrari with payments they received for Toplace projects they got approved via a New South Wales government fast-track development process.

The Independent Commission Against Corruption on Monday heard more evidence from lobbyist Jeremy Greenwood, a principal of Beckington Consulting, who is alleged to have shared in $2m in payments from the fugitive developer Jean Nassif, owner of the now collapsed Toplace.