Former wife Odetta carries on Mediterranean living in style as Ron Medich languishes in cell

WHILE convicted murderer Ron Medich gets to grips with how to do business behind bars, his ex-wife is still making the most of a luxurious life on the French Riviera.

Odetta Medich, Odetta Chtouikite, shops in a street market near her home on the French Riviera, a far cry from the Australian prison cell her former husband now occupies. Picture: Hans Lucas Agency

RON Medich might have been convicted of murder — but that won’t stop him from doing business deals from behind bars.

Bankrupts and those convicted of crimes involving fraud and dishonesty automatically cop a five-year ban from managing corporations.

But ordering a hit on your business nemesis does not invoke the automatic ban.

As the director of eight private companies, mostly related to his property investments, he might from time to time be required to sign off on certain documents.

Odetta Medich, now Odetta Chtouikite, lives in this elegant residence in Beaulieu Sur Mer on the French Riviera. Picture: Hans Lucas Agency

“Just because you’re in jail doesn’t mean you can’t sign a document,” a source close to Medich said yesterday.

And right now there are $500 million reasons for Medich to stay engaged with the process. His company Ron Medich Properties and that of his brother, Roy Medich Properties, are finalising the sale to Chinese developers of two land holdings at Badgerys Creek and Bringelly.

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The Badgerys Creek holding spans 344ha and has enjoyed an exponential rise in value since neighbouring land was ­confirmed as the site of Sydney’s second airport.

Odetta Chtouikite takes a stroll accompanied by her French breed dog. Picture: Hans Lucas Agency

Odetta Chtouikite rushed to her residence in this building when asked about Ron Medich’s plight this week. Picture: Hans Lucas Agency

Back in Sydney, Medich will be bunking down in something like this — a cell in Silverwater Jail. Picture: Adam Taylor

While he no longer owns the $37 million Point Piper mansion he shared with ex-wife Odetta in happier days, he did splash out $4.91 million on a Milsons Point harbour-view apartment in November last year.

In 2013 he pocketed $3 million when he sold a large block of vacant land at Caringbah too.

On the other side of the world this week ex-wife Odetta was pictured by The Daily Telegraph at her $6 million home in the upmarket seaside town of Beaulieu-sur-Mer.

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Now known by the name Odetta Chtouikite, Medich’s ex-wife declined to comment when approached on the street, and rushed inside her apartment in a classical building on Beaulieu-Sur-Mer’s main street.

Ron Medich is bundled into a prison van after Monday’s conviction.

The option is open to the corporate regulator to seek to ban Medich from managing corporations should it be unhappy he is conducting business from prison.

But Corrective Services policy will not stand in his way, as long as the business he conducts is not in breach of any law.

“Generally … an inmate can reasonably expect to have approval to conduct, control or manage their business affairs.”