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Owners of dodgy Toplace Sydney units fear ICAC is a 'toothless beast'

Read the original at ABC News (AU) ↗
Cite

Al-Khouri, C., & Viñales, P. (2026, September 18). Owners of dodgy Toplace Sydney units fear ICAC is a 'toothless beast'. ABC News (AU). https://www.abc.net.au/news/2026-09-19/owners-sydney-defect-toplace-units-fear-what-icac-can-achieve/107168974

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

ABC News (AU) · collected 2026-09-18 · by Chantelle Al-Khouri, Pablo Viñales

Quick Summary

Michael Jones, a Sydney resident whose family's living situation has been compromised by structural defects in their Toplace Vicinity apartment complex, expresses frustration over financial losses and debt resulting from the property company's collapse. Owners face repair costs estimated at $11 million for one issue alone, with many units now valued at only $250,000 to $380,000, down from original prices of up to $800,000. Meanwhile, Toplace founder Jean Nassif, appearing via video call before the NSW ICAC, denies wrongdoing and accuses others of causing his company's demise while expressing defiance and anger during the proceedings.
Written by AI on 2026-09-19, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In 2017, Michael Jones purchased a two-bedroom apartment at Toplace's Vicinity complex in Sydney with plans for it to be his family's "nest egg." However, due to major structural defects in the complex, his family now lives cramped conditions, with three children sleeping in bunks. This issue affects thousands of Toplace apartment owners as the company's collapse is under scrutiny by the NSW Independent Commission Against Corruption (ICAC). The ICAC inquiry focuses on Jean Nassif, founder of Toplace, who denies allegations and blames former Liberal minister David Elliott and former state building commissioner David Chandler for the company's downfall. Despite these claims, the ICAC faces skepticism from some owners who view it as a "toothless beast."

Written for “ICAC Power Disputes” on 2026-11-04, grounded in this article and the 0 other(s) covering the same event.

Story

📰 ICAC Power Disputes
Politics · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 9% of its claims. Each row says how that neighbour differs.
The Sydney Morning Herald
Hedges 2 of 42 claims Outlet record 61/100
“The articles describe different families and their experiences with defective buildings in Sydney, not the same specific incident.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
44
sentences that state something as happening or true
Uncertain
9%
4 of 44 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
67/100
ABC News (AU)'s corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-19 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

ABC News (AU) · 4830 article(s) · 11 correction(s) detected
Running correction rate · 11 correction(s)

Who wrote this

Chantelle Al-Khouri
5 article(s) here · 1 carrying a prediction
🔮 He said the construction company's lawyer would attend the meeting and warned that if the money was not ready, the builders would not sit down with them.
🔮 "We certainly didn't imagine that there would be three children stacked up in bunks in the same room,"the 40-year-old said. "It certainly puts off the dreams and aspirations that you would have when you're my age …
🔮 They were young, zealous and believed they could transform the NSW Liberal Party.
🔮 Ms Perrottet will continue giving evidence on Friday before her husband Charles takes the stand.
🔮 Former NSW Liberal minister David Elliott has said he will take legal action against those he believes have said "slanderous things" about him, following a corruption watchdog hearing.
Also by Chantelle Al-Khouri
Nothing else under this byline is closely related to this article, so these are simply their most recent.
Pablo Viñales
2 article(s) here · 1 carrying a prediction
🔮 "We certainly didn't imagine that there would be three children stacked up in bunks in the same room,"the 40-year-old said. "It certainly puts off the dreams and aspirations that you would have when you're my age …
🔮 They were young, zealous and believed they could transform the NSW Liberal Party.
Also by Pablo Viñales
Nothing else under this byline is closely related to this article, so these are simply their most recent.

Topics

ICAC Sydney Toplace Vicinity the NSW Independent Corruption Against Corruption

Subjects

Nassif PERSON · 7× Toplace ORG · 6× Chandler GPE · 4× Elliott PERSON · 3× Jones PERSON · 3× ICAC ORG · 2× Stiles PERSON · 2× Michael Jones PERSON · 1× Sydney GPE · 1× the NSW Independent Corruption Against Corruption ORG · 1×

Narrative

The 58-year-old, who is wanted by NSW Police on fraud charges, denied he was hiding from Australian authorities in Lebanon, claiming he has not returned because he has faced multiple death threats. He told the inquiry he was not corrupt, and blamed former Liberal minister David Elliott and former state building commissioner David Chandler for the demise of Toplace. Counsel assisting Peggy Dwyer SC put to Mr Nassif: "They [Mr Chandler and Mr Elliott] alleged that there were structural defects with Toplace projects, is that right?" "They alleged that.
framing: assertive · carried by 1 article(s) · first seen 2026-09-19
🔮 "We certainly didn't imagine that there would be three children stacked up in bunks in the same room,"the 40-year-old said. "It certainly puts off the dreams and aspirations that you would have when you're my age …
2026-09-19 · ABC News (AU)
Owners of dodgy Toplace Sydney units fear ICAC is a 'toothless beast' · assertive framing

Claims (44 extracted, 4 hedged)

When Michael Jones bought his first home in 2017, his wife was pregnant with their first child. asserted
wife → buy → child
The two-bedroom apartment at Toplace's Vicinity complex in Sydney was meant to be their "nest egg", a place to build memories for the young family. asserted
apartment → mean → family
Nine years and two more children later, his family has long outgrown the apartment. asserted
family → outgrow → apartment
But major structural defects in the complex have left them financially trapped. asserted
defects → leave → them
"We certainly didn't imagine that there would be three children stacked up in bunks in the same room,"the 40-year-old said. "It certainly puts off the dreams and aspirations that you would have when you're my age … asserted
you → imagine → that
I would have expected by now that I would have a house that fits the amount of people that we have. asserted
we → expect → that
" Mr Jones is one of thousands of Toplace apartment owners left to pick up the pieces of the company's collapse amid a dramatic inquiry before the NSW Independent Corruption Against Corruption (ICAC). asserted
Jones → leave → Corruption
At the heart of it all is Toplace founder, Jean Nassif, who has remained defiant as he continues to defend the crumbled property empire he built. asserted
he → remain → empire
At Vicinity, temporary steel props have been supporting parts of the building since 2022, after engineers raised concerns about key structural beams. asserted
engineers → support → beams
Owners have faced repair estimates running into the millions, with one structural issue alone estimated at $11 million. asserted
issue → face → million
Mr Jones projects he has spent an additional $150,000 on strata costs and repairs since 2017. asserted
he → project → 2017
He said the apartments that once sold for as much as $800,000 may now be worth as little as $250,000 to $380,000. uncertain
that → say → 800,000
It has meant there is little escape for the owners. asserted
It → mean → owners
Many are struggling to refinance, cannot sell without suffering huge losses, and are carrying debts on homes they cannot easily leave. asserted
they → struggle → homes
Some neighbours have taken on extra jobs. asserted
neighbours → take → jobs
"The irony of having the last name Jones and not even being able to 'keep up with the Joneses' is not lost on me," he said. asserted
he → have → me
'No-one can make me shut up!' asserted
me → make → ?
During Mr Nassif's highly-anticipated appearance at the ICAC this week, where he appeared twice, his rage was palpable. asserted
rage → anticipate → ICAC
Appearing via video call from his bedroom in Beirut, he spent several hours protesting his innocence, ranting and lashing out. asserted
he → appear → innocence
At one point, Assistant Commissioner Fabian Gleeson SC intervened, prompting another tirade from Mr Nassif. asserted
SC → intervene → Nassif
Mr Gleeson: "The purpose of this inquiry is to get to the truth of certain allegations. asserted
purpose → get → allegations
It's not for you to attack other people. asserted
you → attack → people
"I'd like you to just pause, no, no. asserted
you → like → ?
I've listened to you." asserted
I → listen → you
No-one can make me shut up." asserted
me → make → ?
The 58-year-old, who is wanted by NSW Police on fraud charges, denied he was hiding from Australian authorities in Lebanon, claiming he has not returned because he has faced multiple death threats. He told the inquiry he was not corrupt, and blamed former Liberal minister David Elliott and former state building commissioner David Chandler for the demise of Toplace. Counsel assisting Peggy Dwyer SC put to Mr Nassif: "They [Mr Chandler and Mr Elliott] alleged that there were structural defects with Toplace projects, is that right?" "They alleged that. asserted
They → want → that
That's not true," Mr Nassif said. asserted
Nassif → say → ?
Mr Nassif has been accused of trying to damage Mr Elliott's career and have Mr Chandler removed as the commissioner to stop him investigating Mr Nassif's developments. asserted
Chandler → accuse → developments
Both Mr Elliott and Mr Chandler are not accused of any wrongdoing. asserted
Elliott → accuse → wrongdoing
Mr Chandler found multiple defects in several Toplace buildings and used his appearance earlier in the inquiry to point to the "real victims": the owners and occupiers. asserted
Chandler → find → victims
The head of the residential strata body, Owners Corporation Network, Karen Stiles, told the ABC the damage could not be measured in dollars alone. "It was hell on earth for the owners. uncertain
It → tell → owners
Tenants too were subjected to disruptions, poor living conditions, noise, and stress," Ms Stiles said. asserted
Stiles → subject → disruptions
Ms Stiles recalled residents being forced out of their homes with little warning, sometimes unable to retrieve pets of belongings. asserted
residents → recall → belongings
She said one elderly couple built a makeshift dam in their lounge room to keep floodwater out, while another woman had to be rescued after her apartment door jammed with subsidence. asserted
door → say → subsidence
"I could say that serious defects impacted owners physically, financially, and emotionally. uncertain
defects → say → owners
But that's just words," she said. asserted
she → say → ?
Ms Stiles added that many owners were left grieving the "death of their dream home". " asserted
owners → add → home
While ICAC investigates corruption, exposing small people playing silly games, let's give a thought to the thousands of victims of the cavalier chess moves played with their lives," she said. asserted
she → investigate → lives
'Unedifying' evidence at ICAC Former ICAC assistant commissioner and chair of the Centre for Public Integrity, Anthony Whealy KC, said the inquiry has "shone a very unedifying light" on activities between the state's Liberal Party, lobbyists, and developers like Mr Nassif. asserted
inquiry → say → Nassif
While Mr Whealy believes the commission has been well-represented by counsel assisting, he said proving that it goes beyond the ugly side of politics will be difficult. asserted
it → believe → politics
…and 4 more, not listed.
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