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Police Minister to pursue ‘unexplained wealth’ with legislative shakedown

Article image for Police Minister to pursue ‘unexplained wealth’ with legislative shakedown

The NSW Crime Commission has now agreed to reopen its investigation into possible confiscation of the Obeid family’s criminal assets.

In a statement, Commissioner Michael Barnes said:

“There is no time limitation on the commencement of [Criminal Asset Recovery Act] proceedings.

“In view of developments since this matter was investigated, it will now be reviewed to ascertain whether the financial affairs of the Obeids has become any more transparent or whether ill-gotten gains can be traced to the hands of relatives or associates.”

NSW Police Minister David Elliott welcomed the decision to review the case, passionate about pursuing the Obeids’ ill-gotten wealth “to the nth degree”.

“I’d be very surprised if I have one person complain to me that their taxpayers’ money is going towards the Crime Commission’s attempt.

“I don’t care if I just walk away with his toothbrush.”

Even if assets cannot be recovered, Mr Elliott said there could still be a “silver lining”.

“I want the Crime Commissioner to come to me and tell me why he couldn’t get the money, and what laws I need to change so that he can get the money.

“There is a lot of unexplained wealth out there at the moment, and it’s criminal.”

Press PLAY below to hear the Police Minister’s response in full

 

Jim Wilson
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