No Anglo Irish Prosecution "for Several Years"

[Kev Bar]

The IBRC PR contract went out for tender at the end of last month but I hadn't realised Fintain Drury's firm had been doing it up until now

Probably pitching his expertise to Sean Quinn as we speak.

[Kev Bar]

In fact, I see no indexes or scorecards anywhere that would indicate any top level public servants in Ireland are leading the world in anything at all.

Nice try, though.

The Gardai are so twisted in knots in Ireland that the only thing that will sort that force out is to bring in outsiders, possibly from one of the Scandinavian forces, at the highest level to excise the rotten fish-head state of that force.

There are plenty of decent Gardai but unfortunately they are not in a senior enough position to nudge what we may call the 'Irish drift' of vested interests around that force. They need to be empowered to act properly by the removal of deputy commissioners who won't want to upset anyone in case they miss out on the top job.

That is a proper description of where the Gardai are at. And not any fanciful notion of world-leading experts in banking/political corruption. They've been hurlers on the ditch there for far too long.

Far be it from me to running to the aid of the boys in blue but the Baron makes a point and there is some empirical substance to back it up.

Det Inspector Heneghan headed the credit card fraud unit and was successful in breaking up a gang of Bulgarian ATM card "swipers" who targeted Ireland in an organised campaign five years ago. He too had spent most of his career in the fraud division.

One of his first big cases was the successful prosecution of the Dublin solicitor and director of the Irish Press, Elio Malocco for using money from the newspaper's libel fund to cover losses he had made on investments. Malocco was convicted of fraud, sentenced to five years' imprisonment and struck off as a solicitor.

Det Inspector Heneghan was also involved in the jailing of the Cork stockbroker Stephen Pearson after the discovery of a €12m fraud at W&R Morrogh, one of the oldest stock broking companies in the country. This remains the biggest stock broking fraud prosecution to date and led to Pearson's imprisonment for five years.

A meta-finance systemic scam carried out by a shrewd corporate/political nexus is admittedly a more complex and awkward affair.

[Captain Con O'Sullivan]

Fair go to Det Inspector Heneghan on his record. Is he heading the Anglo 'enquirobunal' now? Or working for Shell?

[Dr. FIVE]

Now on exhibition at the National Museum

[Baron von Biffo]

Can anything be done to excise the vestigial post from this thread that's the cause of the recurring phantom last page?

[Spectabilis]

Consults manual:....
vestigial - no;
phantom - no;
excision - no.

Ahem, we'll be right on to that Baron

[Kev Bar]

Now on exhibition at the National Museum

Once we can work out annual visitor figures, we can sus the entrance fee.


More expensive than a host of Hirsts, I'd say.

[PaddyJoe]

Seanie, Willie and Pat made a quick appearance this morning. All good until January 23rd.

All 3 are charged with providing unlawful financial assistance to members of the Quinn family and the so-called ‘Maple 10′ of Irish investors in 2008 to enable them to buy shares in Anglo Irish Bank.

Judge Martin Nolan granted orders relating to witnesses and exhibits in the case.

He put back the hearing until January 23rd when it will be mentioned before the court again.

http://www.newstalk.ie/2012/news/for...ears-in-court/

[Captain Con O'Sullivan]

'providing unlawful financial assistance' ... wonder what sanction might be attached to that charge...

500euro fine?

In reality these people and the Maple 10 should be looking at charges in relation to market abuse.

Because that is what they were doing when they were falsely arranging to prop up the Anglo share price. They effectively created a false market for those shares and I recall no mention of any announcement to the Irish Stock Exchange about the maneouver.

If 'providing unlawful financial assistance' to the maneouver is the only envisaged charge in relation to this caper then you can safely assume the 'fix' is in.

I wonder are the Gardai and Office of the State Solicitor at the DPP aware that Ireland was signed up to the relevant Market Abuse Directive from 2006?

I look forward to seeing what charges are laid against the Maple 10 group.

[C. Flower]

Fraud prosecutions have fallen, RTE is reporting.

The Fraud Section of the Gardai has no specialist solicitors and only two accountants.

Citing the recruitment embargo.

[DCon]

Fraud prosecutions have fallen, RTE is reporting.

The Fraud Section of the Gardai has no specialist solicitors and only two accountants.

Citing the recruitment embargo.

they could hardly cite Government policy!

[jpc]

Fraud prosecutions have fallen, RTE is reporting.

The Fraud Section of the Gardai has no specialist solicitors and only two accountants.

Citing the recruitment embargo.

Dead obvious folks.
They Do Not Want To Prosecute Under Any Circumstances.
Starting back with the Pathetic bolloxology about not having the encryption codes to access files. (How did that pathetic excuse finish? )
The hole scratching indifference to dealing with real criminality is incredible.

[Dr. FIVE]

story here

http://www.rte.ie/news/2012/1118/whi...e-figures.html

The figures were released by Minister for Justice Alan Shatter following a parliamentary question by Labour TD Robert Dowds.

They also show that there are no solicitors or barristers, and only two full time accountants employed by the Garda Bureau of Fraud Investigation.

Garda sources said the force cannot hire professionals because of the Government imposed public service recruitment embargo.

The figures show that the number of people convicted of white collar crime dropped from 579 - just under a quarter of the offences in 2003 - to 178 in 2010, with less than 15% of the offences committed in 2010.

However, there was also an increase in the number of white collar crime offences over the same period.

[Baron von Biffo]

Seanie arrested again. The Examiner claims he's facing a dozen more charges.

http://www.breakingnews.ie/ireland/s...es-578609.html

[C. Flower]

Haven't read the charges yet, but from RTE's report appears to relate to the back to back loans.

They were apparent years ago. Hard to see why this would have taken so long to investigate.

Reckless trading, now that would be more interesting.