That’s what can happen when you open up Pandora’s box !
Seanie didn’t think having US Federal Court Official going thru the books, & getting sworn statements was a big deal; but if that Official finds evidence of wrongdoing, they’re legally obliged to report it; & if the wrongdoing is attached to the court proceedings, the offences are Federal ones. Martha Stewart got send down for just making a false statement to a Fed !
How, after all we have been through in the past few years, could Dublin CC grrant planning permission for a development around a private residence where he owners of that residence were’nt known and were hiding behind a Cypriot registered company. irishtimes.com/news/ireland/ … -1.1984188
It appears to be owned by a company called Yesreb. The ownership of Yesreb is irrelevant to a planning application, and a red herring. When Google applies to build an office, nobody cares who owns Google. Same here.
Clearly we do care so it’s not the same. Have we right to care ? Yes of course. If you have to give your bloody PPS no. for water then why do you have to declare who the beneficial owners are in a planning application.
If you take a convicted criminal like Jim Mansfield (senior ) he had a long track record ignoring planning conditions why should he get to hide behind off shore shell companies ?
However in this case the planning application proved to be controversial and a group of residents objected. Dublin City Council approved, residents appealed, An Bord Pleanala upheld approval. The residents have no way of knowing whether any of the people involved in the approval of this development were beneficial owners, or related to beneficial owners of Yesreb. I think it would be interesting if the residents took cases against individual members of Dublin City Council and An Bord Pleanala asking them to prove that they had no beneficial interest.
If the state provides facilities (in this case planning approval) that is to the material benefit of individuals then it must be able to show that those providing the facilities have no connection to the beneficiaries - the only way for this to be shown is that we know who the beneficiaries (the owners of Walford) are. We had exactly the same issue with Carrickmines - as usual the state has failed to learn, to the cost of its citizens. As far as I am concerned I am at liberty to believe that someone in either Dublin City Cooncil or An Bord Pleanala has benefited from this decision.
Now call me cynical; but I somehow imagine that this decision, is less about Dunne being scared of NAMA, & wanting to fess up to his debts; & more about a realization that proceeding in the US could well lead to a situation where “€700 million in debts”, isn’t as big a deal, as all those debts, plus 5 years inside a Federal Prison in the US, & being kicked out of the US at the end of the sentence, to return to Ireland, where he would also face criminal charges.