Joseph nassif biography
Joseph nassif biography
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Property developer Steve Nassif granted bail over alleged arson attack on Northwood house
A property developer has been granted bail after being charged over a fire that destroyed a valuable heritage property on Sydney's lower north shore.
Key points:
- Two men have been charged over the blaze at the $24 million home
- No one was at home at the time of the fire
The property belonged to fund manager Ouyang "Owen" Chen and his wife Xiao Hong Li
Steve Nassif, 69, was one of two men arrested yesterday over the blaze at Northwood in early September, accused of destroying or damaging property in company.
While nobody was home at the time, it took more than an hour for fire crews to extinguish the blaze at the property, which was previously valued at over $24 million.
During an arson investigation, the incident was deemed suspicious due to the presence of liquid accelerant.
Mr Nassif applied for bail during his first appearance at Penrith Local Court today, which