The NSW Crime Commission says it has taken control of $30 million worth of properties linked to former state Labor politician Eddie Obeid.

However, after a 10-year investigation,  a lengthy legal process will be required to return the proceeds of Mr Obeid and his son Moses’ crimes to taxpayers, says NSW Crime Commissioner Stephen Dametto

Commission lawyers attended a closed Supreme Court hearing last week, seeking an order restraining all interests in property of the Obeid Corporation including properties at Bankstown, in south-west Sydney, which they said were “hidden assets” being “held within complex trusts”.

The order prevents any person dealing with or disposing of the properties, except as agreed to by the commission. You can read the full story on ABC online HERE.

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