Tag: Accountancy

NSW investigators face labyrinth of family trusts to claw back Eddie Obeid’s proceeds of crime | Eddie Obeid | The Guardian

Former NSW Labor minister Eddie Obeid leaves the supreme court

By design the Accountancy Industry is tasked no paid to protect and not distribute money. A no pay no service industry.

After public outrage that the NSW government had ruled out trying to pursue the $30m, the state crime commissioner, Michael Barnes, on Friday committed the agency to revisiting its previous investigation into whether it could confiscate any of the Obeid family’s assets as the proceeds of crime.

Source: NSW investigators face labyrinth of family trusts to claw back Eddie Obeid’s proceeds of crime | Eddie Obeid | The Guardian