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Full control of V/Line was taken on October 1, 2003 by the modification of the interest in V/Line, which made the government the sole shareholder through a newly created legal company, V/Line Passenger Corporation. [34] [35] V/Line works under a franchise agreement with the Director of Public Transport. The director also leases railways and other infrastructure that the director leases to VicTrack, the agency that owns Victoria`s land and rail infrastructure. Subsequently, Mr. Pinder acknowledged that the financing was part of a “loan contract” between him and a Transclean employee; The same partner was responsible for managing the company`s contract with V/Line. Victoria Public Transport has the option of extending the franchise contract by 12 months until December 31, 2013. In November 2006, Pacific National, which had purchased Freight Australia, entered into an agreement to sell the remainder of the Victorian rail rental service to VicTrack. [21] The sale was completed on May 7, 2007, with V/Line becoming the track manager of the Victorian intracting network. [43] In the 2018/2019 financial year, V/Line carried 22.4 million passengers, mainly on the S-Bahn lines, which have experienced particularly significant growth since 2005 due to improved services and population growth. V/Line`s operation, particularly over long distances, continues to be heavily subsidized by the Victorian government. “I don`t know exactly, I have to check,” he told the Commission.

“It is understandable that there is considerable public interest in discovering such behaviour.” The Commission heard that the three men had “formed a close group in their professional lives” and that all three were using a disguised communication system to conduct business in the mutual interest. The Transport Integration Act 2010 appointed V/Line Passenger Corporation as V/Line Corporation. [47] The law also gave V/Line a new statutory charter. As part of these changes, the company`s responsibilities have been explicitly extended to rail passenger and rail freight. [48] The Act received royal approval on March 2, 2010 and came into force on July 1, 2010. [49] However, Mr. Pinder argued that the board`s decision was not unusual and, in his view, gave him “direct control over Transclean`s future interests” under the treaty. He also said that he had spoken with Mr. Haritos about “credit.” The V/Line brand was introduced following the split of VicRail in 1983 and has been used by all successive public and private operators of regional public transport in the state. Until 1999, when freight transport was privatized, V/Line Freight was also a monopoly public operator of public rail freight services. Since 2004, V/Line Pty Ltd, the largest operating railway, has been owned by V/Line Corporation, a legal authority of the Victorian government. In 2016, V/Line Corporation became a subsidiary of Transport for Victoria.

“I don`t agree with the way you characterize it,” Pinder said. “I was a figurehead. The decision to spend the money was not mine,” he said. A suspended public transport manager has been charged with receiving bank transfers and cash payments from a cleaning company in Melbourne, months after receiving more than $40 million in contracts. The suspended executive was also questioned about the appropriateness of a decision by V/Line`s board of directors to delegate in May 2018 the authority to extend Transclean`s contract for up to four years, with expenses of more than $20 million. In 2013, the painting of purple and white diamonds (Public Transport Victoria) was gradually applied to V/Locitys and road buses.