Mr Chiodo, who joined Telstra in 2003, has also been overseeing a property divestiture program for the company as it looks to cut costs by reducing its property holdings. This includes selling assets that are often located in prime residential and commercial spots. Mr Nucara and Beller have received numerous listing and sales contracts for Telstra's portfolio over that time, including about $15million worth of properties in the prestigious Melbourne suburbs of Camberwell, Hawthorn East, Elwood and Kew this year. The relationship has exposed potentially serious flaws in the integrity of Telstra's system for awarding lucrative business contracts, which includes a divestiture program for its multibillion-dollar national property portfolio. Telstra has declined to comment