The Victorian State Government may have to effectively pay compensation to a company owned by the Queensland government for the cancelled East West Link road project, according to media reports.

According to the Herald Sun, the Queensland government owned Queensland Investment Corporation holds a 30 percent stake in East West Connect consortium, which was contracted by the former Napthine government to build the first stage of the $6.8 billion toll road last year. A QIC spokeswoman reportedly told the paper it…