The company owned by Sydney developer Jean Nassif has gone into administration, weeks after a warrant was issued for his arrest over alleged fraud offences.
Key points:
- Police are seeking to speak with Jean Nassif regarding an alleged fraud
- His company, Toplace, is one of the largest developers in Sydney
- Defects have been identified at several developments built by the company
Suelen McCallumm and Antony Resnick of DVT Group have been appointed as external administrators of Toplace Pty Ltd, which built a number of projects across Sydney that have structural issues.
Mr Nassif, who founded the company, has been overseas since December last year and declined to face a NSW parliamentary inquiry in February, saying he was in a “remote” area of Leba…
Read the full article at: https://www.abc.net.au/news/2023-07-11/toplace-goes-into-administration-jean-nassif-arrest-warrant/102588458