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ICAC Hears Claims of Secret $2 Million Liberal Party Deal Tied to Fugitive Developer Jean Nassif

Australia’s corruption watchdog has heard explosive claims that three New South Wales Liberal Party operatives struck a secret deal with fugitive developer J...

By matthew jonathan
July 28, 20263 min read
ICAC Hears Claims of Secret $2 Million Liberal Party Deal Tied to Fugitive Developer Jean Nassif
ICAC Hears Claims of Secret $2 Million Liberal Party Deal Tied to Fugitive Developer Jean Nassif

Australia’s corruption watchdog has heard explosive claims that three New South Wales Liberal Party operatives struck a secret deal with fugitive developer Jean Nassif worth $2 million, in exchange for helping him push out the state’s then-building commissioner and damage a cabinet minister’s standing.

The allegations were aired on Monday in the Independent Commission Against Corruption’s inquiry into Nassif’s links to the Liberal Party. Counsel assisting the commission, Dr Peggy Dwyer SC, said the arrangement sat inside a wider donations scheme built to benefit Nassif and his now-defunct property company, Toplace. Big money. Quiet promises. A political fix, according to the inquiry.

Claims of a political pay-off

Dwyer told the commission that Nassif wanted then-building commissioner David Chandler removed from office and also sought to hurt the political career of former police minister and Baulkham Hills MP David Elliott. The submission was stark in tone and sweeping in scope, laying out what investigators say was a coordinated effort to shape government decisions and political fortunes.

The inquiry heard that three NSW Liberal apparatchiks agreed to be paid $2 million to assist Nassif. The deal, if proved, would place a price on influence at the point where property development, party politics and regulatory oversight meet. That is the heart of the case. A developer under a cloud, alleged access to power, and public office pulled into the frame.

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Recorded calls put the allegations in sharper focus

A phone tap played to the commission captured Nassif boasting that he had achieved his goal. He was heard saying: “I banish [sic] his seat … there is no Baulkham Hills faction any more. There is no seat.”

The remark landed in a room already primed for it. Baulkham Hills was later abolished in a boundary redistribution, but the recording suggested Nassif believed he had helped erase a political base before that happened. The commission was not just hearing about alleged backroom lobbying. It was hearing language of triumph, spoken out loud.

Another intercepted call indicated Nassif may have received advance warning of a cabinet reshuffle after Dominic Perrottet became premier in October 2021. The detail matters because it points to a possible information leak, or at least to a relationship close enough for sensitive political movement to travel quickly.

Why the inquiry matters beyond Sydney

For readers outside Australia, ICAC is one of the country’s best-known anti-corruption bodies, and its hearings often expose how political donations, planning decisions and party influence can collide. The Nassif inquiry now adds another case to that record, with allegations touching a developer, a major party and senior state figures.

Toplace, Nassif’s former company, is now defunct. That status does not dull the significance of the evidence. If anything, it sharpens it. Insolvent or not, the company sits at the center of questions about who stood to gain when money, access and political pressure moved in the same direction.

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The hearing is expected to keep testing how far the alleged donation scheme ran, who knew what, and whether the promised political outcomes were ever delivered through improper means. The recorded calls have given the inquiry a raw edge. What comes next will depend on how much of that talk can be matched to documents, payments and decisions already made behind closed doors.

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