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Eddie Obeid to be released from prison on parole after three years in jail Eddie Obeid to be released from prison on parole after three years in jail
(32 minutes later)
Former Labor NSW MP and powerbroker will have served three years of his five-year sentence for misconduct in public officeFormer Labor NSW MP and powerbroker will have served three years of his five-year sentence for misconduct in public office
The disgraced former New South Wales Labor MP Eddie Obeid has been granted parole after serving three years in prison for his conviction over misconduct in public office.The disgraced former New South Wales Labor MP Eddie Obeid has been granted parole after serving three years in prison for his conviction over misconduct in public office.
Obeid was convicted and sentenced in December 2016 to five years in prison with a non-parole period of three years.Obeid was convicted and sentenced in December 2016 to five years in prison with a non-parole period of three years.
The former powerbroker, whose Terrigals subfaction dominated the NSW right, was found guilty of failing to disclose his family’s business interests in cafe leases at Sydney’s Circular Quay at the same time as he was lobbying a senior bureaucrat about the issue. The former powerbroker, 76, whose Terrigals subfaction dominated the NSW right, was found guilty of failing to disclose his family’s business interests in cafe leases at Sydney’s Circular Quay at the same time as he was lobbying a senior bureaucrat about the issue.
The State Parole Authority said Obeid had “demonstrated satisfactory prison performance”. In granting Obeid parole, the State Parole Authority ordered the former politician to comply with 11 standard conditions.
His release date has been set for 14 December. The parole authority also imposed a further condition “that he not engage in any activity paid or unpaid involving the control of money or assets of other people or organisations”.
More to follow … The authority said Obeid had “demonstrated satisfactory prison performance”.
The earliest date of his release will be 14 December, it said.