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Thread: Denis O達rien: Dividends, Debt And Paying Back Anglo

  1. #196
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Siteserv rebranded and moving to the Ststes.

    Will no doubt be very successful if Bill is the First Lady


    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  2. #197
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    lovely

    http://www.thesundaytimes.co.uk/sto/...e3c6523a85ed04

    DENIS O’BRIEN took advantage of a new tax-efficient legal entity established by the government last year when he sold a landmark building on St Stephen’s Green in Dublin for a reported €30m profit.

    O’Brien reportedly sold the LXV building, on the site of Canada House, for €85m last month.

    A Sunday Times investigation has revealed that on May 25 O’Brien transferred the ownership of the LXV building into an Irish Collective Asset-management Vehicle (ICAV), a legal structure established by the government two months earlier to attract corporate investment funds to Ireland.

    The Real Estate Development and Investment Fund ICAV was set up by William Fry solicitors, which acts for both O’Brien and Fieldsville, the company owned by Catherine O’Brien, the billionaire’s wife. Fieldsville was responsible for developing the six-storey high LXV block on the corner of Earlsfort Terrace, which is almost complete.

  3. #198
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    More clouds gathering over digicel. Denis tells lenders he's not taking any dividends till business improves

    http://www.irishtimes.com/business/t...roup-1.2604059

    Hope he can manage on his remaining meagre resources

  4. #199
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    More clouds gathering over digicel. Denis tells lenders he's not taking any dividends till business improves

    http://www.irishtimes.com/business/t...roup-1.2604059

    Hope he can manage on his remaining meagre resources

  5. #200
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    He took a 40 million euro loss on the Topaz sale as well according to the Phoenix. Some of them nasty foreign banks tightening the screws maybe?

  6. #201
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Quote Originally Posted by PaddyJoe View Post
    There was a lot of speculation that Denis was giving Paddy a dig out. Wonder was that what the ST was prevented from publishing? Looks like the DOF were unhappy about IRBC痴 handling of McKillen as well. All very murky.
    I guess this is what the Sunday Times was getting at last year. Looks like Catherine Murphy has the inside track once again.

    Allegations have been made in the D疂l that a property developer with large debts to IBRC was given a bridging loan by the bank following an assurance by businessman Denis O'Brien.The claims were made by Social Democrats TD Catherine Murphy who said that in 2012 Paddy McKillen was heavily indebted and sought a bridging loan of 5m from the Irish Bank Resolution Corporation.
    She claimed that Mr O'Brien said he would provide IBRC with a guarantee to support Mr McKillen's request.
    "Astoundingly, despite serious concerns from some about Mr McKillen's ability to repay the amounts he owed IBRC - far in excess of 5m - the bridging facility was granted.
    "Essentially, a man with huge debts to IBRC was granted a loan from the IBRC on the guarantee of another man who owed significant sums to IBRC while there were questions over both men's financial ability to fulfill original loan agreements with IBRC," Deputy Murphy said.
    Deputy Murphy also told the debate on the Commission of Investigation (IBRC) Bill 2016 that State-owned AIB provided Mr O'Brien with a loan to purchase Siteserv."It is interesting to note that the AIB group chief officer at the time the loan was advanced went on after leaving AIB to join the boards of Siteserv, Topaz and the Beacon Hospital, all owned by Mr Denis O'Brien," she said.
    Deputy Murphy said that there may be perfectly legitimate answers to questions arising from these matters but the questions need to be asked.
    Later in her address, the deputy raised the issue of media ownership adding that the "chilling effect of powerful individuals is a problem in this country and certainly it has appeared to be the case that the thicker the wallet the thinner the skin."
    http://www.rte.ie/news/2016/0708/801...c-dail-debate/

  7. #202
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Denis responds


    Mr O'Brien said that TD Catherine Murphy used D疂l privilege yesterday, to make statements relating to him, which Mr O'Brien claims are false and based on documents Deputy Murphy knew were illegally obtained.

    Mr O'Brien added that he fully endorses the principle of D疂l privilege but not when is used to voice untruths or to make public the proper private and personal financial affairs of an any individual.



    http://www.irishexaminer.com/breakin...hy-744002.html
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  8. #203
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Quote Originally Posted by PaddyJoe View Post
    I guess this is what the Sunday Times was getting at last year. Looks like Catherine Murphy has the inside track once again.

    http://www.rte.ie/news/2016/0708/801...c-dail-debate/
    Slush funds.
    We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act.
    Jean-Paul Sartre

  9. #204
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    nice circular flow of funds


    New filings by the Clinton Foundation, former US president Bill Clinton’s international charity, show Denis O’Brien and the billionaire’s mobile telephone company, Digicel, have now given between $10m and $25m (€9m-€22.5m) to the organisation following a significant donation in recent weeks.


    http://www.thetimes.co.uk/article/53...c-a3a1b579787a

    As Peter Schweizer documents in his latest book, Clinton Cash, Digicel received millions in U.S. tax dollars from USAID, an agency overseen by the State Department, as part of the Haiti Mobile Money Initiative. The program was designed to establish a mobile money-transfer system that would allow individuals to send donations directly to friends and relatives in Haiti.

    Digicel was also tapped by the USAID Food for Peace program, which was under the direct control of Hillary Clinton’s top aide Cheryl Mills, to administer money transfers over its mobile network. Haitians received cell phones and a free Digicel account; Digicel received grants courtesy of U.S. taxpayers, collected millions in fees from Haitians every time they used the system, and significantly expanded its user base.



    http://freebeacon.com/blog/oh-denny-...ravaged-haiti/
    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  10. #205
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    We now have the farcical situation of a sitting TD representing O'Brien






    Brian Flanagan‏ @BrianFlanagan1
    Staggered that @OCallaghanJim still #FF justice spokesman while acting in court for Denis O'Brien as per #INM report. #rtenews #CBLive #vinb
    TheMoriartyTribunal‏ @berkieahern
    @PaddyJManning @BrianFlanagan1 @ebhodge @OCallaghanJim you cant have a TD legally representing a man who is currently suing the sate!



    https://mobile.twitter.com/berkieahern?lang=en

    Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other. ~Oscar Ameringer

  11. #206
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Quote Originally Posted by DCon View Post
    We now have the farcical situation of a sitting TD representing O'Brien
    Yes, it is pretty staggering. Is it in any way normal/ethical/legal for TDs to do paid legal work ?
    We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act.
    Jean-Paul Sartre

  12. #207
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Nauseating. Any sign of him having a round of golf with Trump yet ?
    We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act.
    Jean-Paul Sartre

  13. #208
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    mercifully saw v little coverage today but did catch Matt Cooper on TV3 tonight passing a remark about Eddie Hobbs knowing a thing or twoabout investments going wrong and Hobbs retorting something to the effect " as your boss also knows all about that at the moment"

  14. #209
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    Just wondering if Denis had anything to do with the bombing of the Maltese journo's car? After all he is a tax resident there.

  15. #210
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    Default Re: Denis O達rien: Dividends, Debt And Paying Back Anglo

    After all he is a tax resident there.

    (Malta Mentioned: post modded) CF
    Last edited by C. Flower; 29-10-2017 at 06:37 PM.

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