‘It’s a total stitch-up’: George Alex speaks out after being granted bail

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After pleading bail over “mental health issues”, George Alex walked free from prison yesterday after being slapped with a $2 million bail charge.

Speaking with The Daily Telegraph, George said the case against him was a “total stitch-up” as he left Silverwater jail just before 7pm yesterday.

Read More: George Alex slapped with $2 million bail as construction boss walks free from prison
Read More: George Alex pleads bail for mental health treatment, court hears

“I’m totally innocent of the charges, it’s a total stitch-up,” he said.

“I’ll make further comments later on.”

Alex was escorted by his sister into a waiting black Range Rover driven by another woman before disappearing into the night.

The controversial building industry figure was arrested last month over a $17 million tax fraud syndicate. Alex was arrested in Queensland and extradited to Sydney on conspiracy to defraud the Commonwealth and dealing with proceeds of crime charges.

George Alex allegedly ran a multimillion-dollar money laundering operation. Picture: John Grainger

Magistrate Margaret Quinn imposed a raft of strict bail conditions on Alex including effective house arrest, which she said would mitigate any flight risk he posed.

Mr Alex was alleged to be the leader of the syndicate that used labour hire and payroll companies to defraud the ATO. Millions of dollars were then allegedly transferred to Australian accounts controlled by other accused syndicate members.

Ms Quinn ordered Alex to report twice daily to Marrickville police station and otherwise not leave his aunt’s Earlwood home, while also banning him from leaving NSW.

“And his mother says she’s prepared to supervise him,” the magistrate said.

“If he is foolish enough to talk to (his co-accused) he should be aware that his bail will be revoked.”

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