An inquiry by the Senate has called for the $444 million awarded to the Great Barrier Reef Foundation to be returned.
The money was awarded to the foundation by Malcolm Turnbull in the 2018 May Federal budget without a tender process.
The Senate’s report, tabled today, found that the money in question was almost twice the size of any other Government grant in 2018, and that the foundation was only expecting a $5 million public investment.
It is unclear how much of the $444 million remains.