The Independent Commission Against Corruption has caught Barry O’Farrell lying and in turn forced him to resign as Premier of NSW today.

A corruption inquiry revealed that the Premier did receive a $3000 bottle of wine from Nick Di Girolamo, the head of a water company linked to the Obeid family that was tendered in ICAC today and led to the premier’s sensational resignation.

After ‘categorically’ denying accepting any gift, the premier seems to have suffered from selective amnesia, quoting:

‘this has clearly been a significant memory fail on my part, albeit within weeks of coming to office, but I accept the consequences of my actions’

Tony Abbott has somewhat unusually honoured (?) Barry O’Farrell for his admission to corruption with a somewhat heroic leaving speech in saying

‘This is an honour and an integrity at a very high level. We are seeing an act of integrity, an act of honour, the like of which we have rarely seen in Australian politics. I admire him tremendously for this, although I deeply regret the necessity for it.’

Shit, hearing that from our Prime Minister is very disconcerting. Is he about to give O’Farrell Knighthood?