Victoria's 'appalling waste': Ultranet

WHAT IS ULTRANET?

* An online learning portal to link teachers, students and parents

* Rolled out to schools in May 2010 but scrapped in 2013

* Meant to cost $60.5 million

* Likely cost between $127 million and $240 million

THE PROBLEMS

* Launched with $1.4 million extravaganza in 2010, with professional singers and dancers

* Crashes on its first day

* Low take up rate sees the project scrapped

INVESTIGATION

* Education Department hands documents to the Independent Broad-based Anti-corruption Commission in 2014

* Witnesses questioned, some senior staff involved quit or are sacked

* IBAC finds evidence the tenders process was corrupted

* Officials had a "singular preference" for CSG to win the contract, despite concerns about the company's credentials

* IBAC seeks advice on pursuing criminal charges.

Source: the Independent Broad-based Anti-corruption Commission.