Former Labor minister Eric Roozendaal has quit the NSW parliament.
In his valedictory speech to parliament this morning, he said that after nine years in politics, he was keen to "embrace a fresh direction in a new part of my life".
"It was a great honour to serve the people of this state ... I have never taken these roles for granted."
Mr Roozendaal, who was a senior minister in the former Labor government, was suspended from the party last year pending the findings of an Independent Commission Against Corruption (ICAC) investigation.
The former treasurer and roads minister allegedly received a new Honda CRV at $10,800 less than its original value in return for political favours for his Labor colleague, Eddie Obeid, and his family.
Last November, NSW Opposition Leader John Robertson wrote to the party's NSW general secretary, Sam Dastyari, asking that the backbencher be suspended from the party.
Since then he's continued to serve in the Legislative Council as an independent and vote with the ALP in accordance with party rules. He's been banned from caucus meetings or decisions.
Mr Roozendaal has denied receiving any financial benefit from the car deal.
The ICAC will not finalise its investigation into Mr Roozendaal until the middle of next year, after the completion of two further inquiries into mining decisions made by disgraced former Labor minister Ian Macdonald.
Following his appearance before the ICAC, Mr Roozendaal announced he was splitting from his wife of 15 years. They have three children.