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Thread: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

  1. #481
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Quote Originally Posted by Spectabilis View Post
    Thanks. I thought not. I have posted a comment to The Times to that effect.
    Thanks very much. One of the points made strongly by Jonathan Sugarman in his evidence to the Committee on Thursday was that he was not able to work at all since his resignation from Unicredit.
    “ 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

  2. #482
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    I am hoping for some decent media coverage after the bank hoiday weekend, and even for suitable reaction from the Dáil. In the meantime, a reminder:



    Last edited by Spectabilis; 15-04-2017 at 06:57 PM.

  3. #483
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    I think it would need a commission of investigation into the IFSC - and I don't seem that happening any time soon.
    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

  4. #484
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

  5. #485
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    In the absence of any media overage today on #jonathanSugarman, perhaps this will engage you:

    https://www.thetimes.co.uk/edition/i...lity-sdc0tbf65

    Again sorry if this is paywalled, I can't check that.

  6. #486
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Yes, all very murky, and horrifying that one of the main players, Noonan, is still waffling as if nothing remains to be done.

    OTOH, the IFSC and the like is an unfortunate reality of todays "economics" There was a piece in the IT on Saturday about the proceeds of the Gas Co sale. Leaving aside the scandal of selling off state assets the jiggery-pokery of using the money is disgraceful, including removing the social housing element. It is the norm of planning today, fudge around until you need a few bob, for ex to pay back water charges, before a GE.

    The European Central Bank is a major player in the nonsense, still pumping out squillions every month of free money. where s it? down the docks?

  7. #487
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Quote Originally Posted by barrym View Post
    Yes, all very murky, and horrifying that one of the main players, Noonan, is still waffling as if nothing remains to be done.

    OTOH, the IFSC and the like is an unfortunate reality of todays "economics" There was a piece in the IT on Saturday about the proceeds of the Gas Co sale. Leaving aside the scandal of selling off state assets the jiggery-pokery of using the money is disgraceful, including removing the social housing element. It is the norm of planning today, fudge around until you need a few bob, for ex to pay back water charges, before a GE.

    The European Central Bank is a major player in the nonsense, still pumping out squillions every month of free money. where s it? down the docks?
    And aren't we all happy to know that the ECB is now the regulator of the large banks in Ireland, not the ICB ? Indeed, I'm not sure what exactly the ICB is left with to do of significance, beyond looking after the Credit Unions and piggy banks.
    “ 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

  8. #488
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    The long awaited interview of Jonathan Sugarman by Sean Moncrieff on Newstalk. It is followed by the statement from the Central Bank, which was the cause of the long delay.

    http://www.newstalk.com/podcasts/Mon...s_to_Moncrieff

  9. #489
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Haven't listened to it yet, but it says in the article that he has had to sleep rough?
    The United Irishman. Updated 5/2/14

  10. #490
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Quote Originally Posted by Saoirse go Deo View Post
    Haven't listened to it yet, but it says in the article that he has had to sleep rough?
    I have heard him say that he lost his home after resigning from the bank. I would assume that the income fall was drastic.
    “ 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

  11. #491
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Interesting interview with Jonathan Sugarman on Cork radio - day after giving a lecture at UCC. More informal and relaxed and a change to hear an interviewer who had a grasp of the issues and asked the right questions - and who was not hostile. A lot of support for Sugarman from "callers in".

    https://soundcloud.com/opinionline96...odcast-is-here
    “ 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. #492
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Thanks for posting that link. Listening now.

    (Enjoying Jonathan Sugarman's precision and impeccable enunciation. Now that I know the timeline of events from earlier broadcasts and can be distracted from the serious facts he reports.)

  13. #493
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    Default Maidir Le: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    10 years on last week that Jonathan Sugarman walked down to the Central Bank and reported massive liquidity breaches at UniCredit Ireland.

    Action taken ? Zero, it seems. But it will be interesting to see how the Central Bank responds when called in front of the Finance Committee in the coming weeks.
    “ 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

  14. #494
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    Default Re: Maidir Le: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Quote Originally Posted by C. Flower View Post
    But it will be interesting to see how the Central Bank responds when called in front of the Finance Committee in the coming weeks.
    Is there a date for this?
    "If you go far enough to either extreme of the political spectrum, Communist or fascist, you'll find hard-eyed men with guns who believe that anybody who doesn't think as they do should be incarcerated or exterminated. " - Jim Garrison, Former DA, New Orleans.

  15. #495
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    Default Re: Whistleblower. Something truly rotten in the banking sector. Silence from our politicians!!!

    Case here before the WRC http://www.lrc.ie/en/Cases/2017/Octo...-00005011.html

    Someone saying they were marginalised after making a protected disclosure against a bank

    Summary of Complainant’s Case:

    The following is a summary of the Complainant’s submissions made over the duration of 2 hearings.

    The Complainant highlighted the following areas of grievances with the Respondent:

    That he was unfairly treated by the Respondent arising from the discovery of anomalies in the Respondent’s product offering while working in the Dundalk office.
    That he had been marginalised and bullied in the Dundalk office.
    That the Respondent failed to take his concerns and bullying seriously.
    That he was unfairly treated when he applied for grandfather status. That he met the criteria to be given grandfather status, but the Respondent went out of their way to undermine and humiliate him. He was eventually given grandfather status.
    That an article appeared in the Sunday Times newspaper in June 2006 regarding the Respondent’s credit card product. The article advertised in relation to a platinum card had a serious error. The Complaint alerted the Respondent about this error in order to save serious embarrassment. He was fearful that an attempt was being made by certain senior management to mis-sell products. He received no recognition for doing this and was marginalised and undermined for doing so.
    That he applied for voluntary early retirement in an attempt to leave the job with some dignity. He was entitled to early retirement, but the Respondent failed to allow him to retire.
    That when he was seeking to return to work in June 2015, he was met with a head-butt like attack in the doorway by Mr. RR.
    That he suffered a number of detriments in terms of his work:

    - The decline of his credit card

    - Performance review downgraded

    - Isolated in the workplace

    - Psychological and physical abuse and

    - Defamation

    That he was bullied out of his job because he was a whistleblower. That his treatment as a whistleblower was appalling. That he was not treated seriously. That the Respondent failed to investigate his concerns in line with the Respondent’s own international standards.

    WRC says it has no authority to adjudicate as the complaint wasnt filed in time

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