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Millions in assets confiscated over corruption

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The Corruption and Crime Commission has been successful in confiscating property and cash from a former Government executive who is facing over 500 charges of corruption.

Paul Whyte has pleaded guilty to stealing $22 million through an invoicing scheme at the Department of Communities.

The CCC have now confiscated two Mosman Park properties valued at over $4 million, Mr Whyte’s superannuation fund, valued at $1.4 million, alongside his interest in his father’s deceased estate and other money arising from his interest in horses.

Nine News State Political Editor Gary Adshead told Oliver Peterson this finally gives a picture of what Mr Whyte spent the money on.

“Crime does not pay,” said Mr Adshead.

Listen to Gary Adshead’s analysis with Oliver Peterson: