Just goes to show the cliche "a fool and their money are soon parted" is still valid - just in this case, insert FF points instead of money. Some people don't deserve to have FF accounts - if he never checks anything and leaves it up to a PA to do it for him. Can't say that I feel that sorry for him...I've had the pleasure of bumping into the bumbling fool in the SYD F Lounge last year.
QF won't have any problem re-instating his account - flights, SC's, points etc. That's what they have a database for and they know what account it has been credited.
I bloody hope that the pseudo Ian Meldrum has used "his" status and points to good effect - like to see QF try and claim them back from him if they've already been spent