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Guido Fawkes - breaks Anglo-Irish Bank fraud story

  • 15-10-2010 01:50PM
    #1
    TJJP
    Registered Users, Registered Users 2 Posts: 1,529 ✭✭✭


    "Guido has been given documents coming from inside Anglo Irish Bank’s Treasury Department dating back to 1997 which strongly suggest there was a board level approved conspiracy to over-charge corporate customers. The scale of the fraud was massive and it may have contributed up to 10% of the now nationalised bank’s profits".


Comments

  • #2
    Robbo
    Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 10,600 Mod ✭✭✭✭Robbo


    Any other Simpsons fans amused that this can be blamed on TIBOR?


  • #3
    r3nu4l
    Registered Users, Registered Users 2 Posts: 17,400 ✭✭✭✭r3nu4l


    Link
    N.B. Guido has documentation to back up this story – if the Dublin authorities want it…

    Why doesn't he contact the relevant authorities and hand it over rather than wait for them to come to him?

    EDIT: Good point made by someone on P.ie
    Akrasia wrote:
    it's far more likely to lead to us, the tax payer, being sued by some of Anglo's former customers for fraud.

    Developers suing the state for getting ripped off by the bank that funded their rip off developments during the building bubble. The irony will of course not be reported.
    Reply With Quote

    If this turns out to be true, this could very well happen!!


  • #4
    Horsebox_twenty
    Registered Users, Registered Users 2 Posts: 24 ✭Horsebox_twenty


    This Guido Fawkes stuff isn't new at all. The story has been reported before in at least 2 irish newspapers (Trib and Indo). In fact, Anglo CEO Aynsley has already made a public statement on it....

    The 'Tibor' detail is new alright - linking it directly to a named former anglo executive...

    The 10% profits figure is just top of the head from fawkes....

    Why do people automatically assume that the Irish media didn't pick this stuff up already? The Irish media are streets ahead of foreign media in terms of breaking anglo stories - Quinn, the 'B&B deal' on corporate deposits with IL&P, Fitzpatrick's directors loans, the Anglo 10.... all of these were broken by local journos


  • #5
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    Horsebox_twenty wrote: »
    Why do people automatically assume that the Irish media didn't pick this stuff up already? The Irish media are streets ahead of foreign media in terms of breaking anglo stories - Quinn, the 'B&B deal' on corporate deposits with IL&P, Fitzpatrick's directors loans, the Anglo 10.... all of these were broken by local journos
    A lot of Irish people are ignorant and are happy to remain so. How many times have you heard someone say that the Irish Times/Indo is a rag? Just because you once read some guff on an opinion column - it doesn't mean you denigrate the rest of the newspaper.


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