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Eddie Obeid Leaves Long Bay on Parole Under Strict Conditions

He still faces a separate trial over Australian Water Holdings next year.

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Overview

  • The 81-year-old former NSW Labor minister was released this morning to serve the rest of his sentence in the community after approval by the State Parole Authority.
  • Parole conditions bar him from controlling other people’s money or assets and restrict contact with co‑offenders without approval, with the order in force until October 20, 2028 unless revoked.
  • Obeid was sentenced in 2021 to seven years for conspiring over a coal exploration licence that delivered a $30 million windfall to his family, with a non‑parole period of three years and 10 months that ended today.
  • Co‑defendants include his son Moses, who was released last October and later served home detention for lying to ICAC in a separate matter, and former minister Ian Macdonald, who is not eligible for parole until January 2027.
  • The Australian Taxation Office’s pursuit of unpaid tax linked to the $30 million payment is now in its 11th year, according to reporting.