Milad Mokbel was to face a Supreme Court trial but yesterday followed his brother's lead and admitted dealing in methylamphetamines.
He is already serving a jail term over other drug charges and won't be eligible for parole until the end of 2014.
The former butcher is also doing time for blackmail and refusing to answer questions about the gangland murders of Lewis Moran and Victor Peirce.
His former wife Renate put up the couple's million-dollar Brunswick house as surety for Tony Mokbel's bail and was sent to prison after the one-time property developer fled Australia in 2006.
The new charge relates to a secret drug lab uncovered at Rye as part of police operation Matchless in 2002 and 2003.
Tony Mokbel's own charges from that operation were dropped as part of a deal struck with prosecutors in April.
Milad Mokbel will face a plea hearing before Justice Simon Whelan later this month.
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