A court hearing has revealed that the daughter of a property developer who fled Australia in 2022 admitted to falsifying documents under pressure from her father to secure a major construction loan. The loan, obtained from Westpac, was used for a high-profile apartment development in Sydney’s northwest in 2021. Authorities allege the false information was provided to obtain the $150 million funding. The case follows the developer’s disappearance after facing financial and legal troubles.
Ashlyn Nassif, daughter of Toplace boss who fled Australia in 2022, has pleaded guilty to providing false or misleading information to obtain loan from WestpacFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe daughter of a fugitive property developer succumbed to pressure from her father when she falsified documents for a $150m construction loan, a Sydney court has heard.Ashlyn Nassif, the daughter of Jean Nassif, pleaded guilty in June to providing false or misleading information to obtain the loan from Westpac, which was used to construct three apartment towers in Sydney’s north-west in 2021. Continue reading...
