Kate McClymont outlines the fortune acquired by the Obeid Family investments in Port Macquarie …
DESPITE the former NSW politician having fallen from grace and having served a reduced prison term for misconduct in public office in relation to café leases the family secretly owned at Circular Quay …
IT has come to light that the Obeids not only own a multimillion-dollar Port Macquarie penthouse … but …
-the Obeids have sold a swathe of vacant lots at Lake Cathie
-one vacant lot sold for $6M
It appears much of the ‘real estate’ following sale remains with family members!
2020 … yet it has taken so long for this to emerge into the public arena …
As ever more stories hit the headlines about corruption in property …
-residents cars fire bombed, a concrete slab poured 3 metres inside a property line, verbal abuse, intimidation, a cocaine bust, a yellow Lamborghini, another boasting ‘I will bring in more migrants’ …
Read for the actions of a developer with plans to spoil Gosford!
-they are not before ICAC
-they are not being investigated
-they are all so ‘honourable’, aren’t they?
READ … this explains why!
The Obeids’ multimillion-dollar Port Macquarie property play
By Kate McClymont
LIKE CAAN ON FACEBOOK!
FIND MORE ON OUR WEBSITE: