Lowryland - Interview by Colm Keena
Kenny under some minor, vague criticism
It seems someone fears for his seatThe perception that Mr Lowry was still close to Fine Gael ministers was "saving his political career", the Taoiseach was told.
http://www.independent.ie/opinion/co...y-3101491.htmlMr Coonan is also believed to have suggested that FG ministers tell voters that "they have a FG TD in Tipperary and don't need Lowry''.
- Friends of the Irish Environment, 28.04.2003"The land Coillte Teo is now selling for development was given to them by the State in 1988 to ensure that our woodlands were run commercially, not to enable them to sell the family silver to service bank loans".
Asked whether he believes the Independent group’s coverage of his affairs will change now that the O’Reilly family is no longer in control of the group, Lowry smiles and says: “Definitely.” O’Brien is now the largest shareholder in the group.
"You constantly wonder can you believe him"
Sam Smyth had a letter in the IT yesterday which clarifies some issues in Colm Keena's interview with Lowry:
http://www.irishtimes.com/newspaper/...315798492.htmlSir, – The feature on the cover of the Weekend Review (May 5th), “Welcome to Lowryland”, assumes that a legal action taken against me by Michael Lowry has still to be heard.
The legal action against me was finally dismissed in February this year when the president of the High Court ruled against Mr Lowry’s appeal of a decision in my favour made in the Circuit Court.
There is no legal forum open for him to lodge a further appeal.
Mr Lowry is also liable for my legal costs in both defamation hearings.
Michael Lowry has decided to dispense with independent audits for his refrigeration company.
ndependent TD Michael Lowry said yesterday that his 'Streamline Enterprises' refrigeration business "is trading successfully" and will continue to do so.
Mr Lowry was yesterday commenting on the company's move to terminate the appointment of auditors, BBT Chartered, to audit the firm's accountshttp://www.independent.ie/business/i...s-3139968.htmlAsked if the company recorded a profit in 2011, Mr Lowry would only say that Streamline Enterprises "is trading successfully. It is a difficult business environment out there and the company will continue to trade successfully."
He added: "I am happy with how the company is performing."
Last edited by PaddyJoe; 16-06-2012 at 10:02 PM.
Lowry really fell on his feet when he bought a horse in 2007 around the same time that he settled with the Revenue for 1.4 million.
http://www.irishtimes.com/newspaper/...320450502.htmlIn and around 2007, about the same time he was agreeing a €1.4 million settlement with the Revenue for himself and his business, he was also buying a mare – Wedding Morn – at a cost which has yet to be disclosed (this is not to suggest that the Revenue doesn’t know where the money came from).
The horse has been housed ever since in Coolmore Stud, and has produced four offspring that have been sold for approximately €410,000.
The offspring were sired by Coolmore’s Danehill Dancer, which experts in this area say would have cost approximately €100,000 a service. (The price these days has dropped to €60,000).
Given the cost of keeping his nag in Coolmore and the associated vet fees and other costs, it has all the looks of a very expensive hobby for the independent TD.
"out of the unplaced Sadler's Wells mare Wedding Morn, an 80,000 gns broodmare purchase and a half sister to the stakes placed winner ventura"
The horse was no great shakes but the breeding was impeccable with Coolmore stamped all over it, wonder if Lowry paid the 80k, bills from lodging at Coolmore would easily be 15k per annum, with covering fees this is very much a rich man's game, horse should have been called SuperCasino.
Sam Smyth is looking for 47.5K from Lowry for legal costs. Possible bankruptcy proceeding mentioned.
A time between ashes and roses is coming
When everything shall be extinguished
When everything shall begin