Sydney developer Jean Nassif drops appeal against 10-year building licence suspension

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Lawyers for the Toplace founder tell a tribunal he has withdrawn an appeal after NSW Fair Trading identified more than 40 defects across Sydney developments.

Embattled Sydney property developer Jean Nassif has withdrawn a legal challenge against a decision to suspend his building licence for a decade.He had appealed the decision but it was withdrawn on MondayIn December, NSW Fair Trading suspended Mr Nassif's building licence for 10 years and permanently revoked his company Toplace's licence, after finding them guilty of improper conduct.

Mr Nassif appealed the decision in December, but at an NSW Civil and Administrative Tribunal hearing on Monday, his lawyer Joseph Harb said he had "received instructions to withdraw the application".The 55-year-old declined to face a NSW parliamentary inquiry in February, saying he was in a "remote" area of Lebanon.

He alleged the radio broadcasts conveyed false and defamatory claims, including that he was an incompetent and dishonest builder who conned money out of off-the-plan buyers for units that were unfit for occupancy.

 

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