Joel Morehu-Barlow's $11.8m in assets has been forfeited
MORE than $11.8 million in assets a fake Tahitian prince obtained in one of the biggest public service frauds in Queensland history have finally been released to the State Government.
Former Queensland Health employee Joel Morehu-Barlow was sentenced to 14 years behind bars for siphoning more than $16 million from his employer to fund his lavish lifestyle.
The Crime and Misconduct Commission were able to identify and freeze $12.1 million worth of Morehu-Barlow's assets, including contents from nine bank accounts, income from selling Morehu-Barlow's luxury New Farm home and art work.
The Supreme Court on Thursday granted a forfeiture order worth approximately $11.88 million, the final sum following the cost of selling the fraudster's property.
The assets, which were held by the Public Trustee pending Morehu-Barlow's sentence, will be forfeited to the State Government.
The CMC's acting financial investigations director David Goody said proceeds from the assets would be paid into Queensland's consolidated revenue, including any interest accrued while assets were held in trust.
"The CMC has conducted an extensive financial investigation to identify and return every dollar possible to the State of Queensland," he said.
"The CMC's decision to seek forfeiture of all assets also ensures that Mr Morehu-Barlow will not retain any benefit from his crimes."
Morehu-Barlow will be eligible for parole in December, 2016.