Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest
Sean Quinn still has 11k in bank
-
16-11-2011 9:09am#1
Comments
-
-
-
-
-
-
Advertisement
-
-
-
-
-
-
Advertisement
-
-
-
-
-
-
-
-
-
-
-
Advertisement
-
-
He has transfered most / all of his assests into family members name. This is an area of the law that needs to be addressed. If you are found to be bankrupt, any / all assets that have been yours within the last 10 years and gifted / sold for less than market vaule based on an average price index, the difference in value is seizable by the courts if this means repossesion and resale. Possibly apply this law to family members only, as it can disrupt fair market trading.
Also, it is illegal for anyone to take your money without your permission or court order. He could have 6 billion in an account with Anglo, they wouldn't be allowed touch it (by law) without his consent or court order.
The bottom line is that this recent banking crisis should be the catalist for a rake of new, anti-corporate, anti-corruption, anti-avoidence legislation, targteting the "elite" and their blatent corrupt practicses. I believe Drumm should be rotting in a prison cell for example. I also believe the recent NO vote for committees calling people before them to later refer them on to the high court was the missed oppertunity that has let them off scott free (and many, including Fianna Fail
surprise surprise) have managed to scare mongour people out of a yes vote, but if reviewed in the light of day, it was our best solution to accountability. And YES it gave powers for someone innocent to be called up to answer questions, but it would be political suicide to have someone investigated with absolutely no case to answer, and would save all the hiding behind long winded, costly court proceedings. Remember, ANY findings of the commitee can only be reffered to a high court judge, they would have had absolutely zero powers other than to only ask questions. 0 -
He has transfered most / all of his assests into family members name. This is an area of the law that needs to be addressed. If you are found to be bankrupt, any / all assets that have been yours within the last 10 years and gifted / sold for less than market vaule based on an average price index, the difference in value is seizable by the courts if this means repossesion and resale. Possibly apply this law to family members only, as it can disrupt fair market trading.
Also, it is illegal for anyone to take your money without your permission or court order. He could have 6 billion in an account with Anglo, they wouldn't be allowed touch it (by law) without his consent or court order.
The bottom line is that this recent banking crisis should be the catalist for a rake of new, anti-corporate, anti-corruption, anti-avoidence legislation, targteting the "elite" and their blatent corrupt practicses. I believe Drumm should be rotting in a prison cell for example. I also believe the recent NO vote for committees calling people before them to later refer them on to the high court was the missed oppertunity that has let them off scott free (and many, including Fianna Fail surprise surprise) have managed to scare mongour people out of a yes vote, but if reviewed in the light of day, it was our best solution to accountability. And YES it gave powers for someone innocent to be called up to answer questions, but it would be political suicide to have someone investigated with absolutely no case to answer, and would save all the hiding behind long winded, costly court proceedings. Remember, ANY findings of the commitee can only be reffered to a high court judge, they would have had absolutely zero powers other than to only ask questions.
While I agree with the sentiment of your post I completely disagree with the part in bold. How can you advocate increasing powers of accountability when the politicians and regulators have shown so little interest in using their existing powers?
In particular, I'm thinking about the ODCE, the Financial regulator and the complete and utter disregard for any of the Moriarity Tribunal findings. Denis is O'Brien is still treated like a demi-God.
No charges against Jim Flavin. As yet, no charges against Michael Lynn. The list is literally endless. I'm waiting with interest to see what, if anything happens to anyone of any note in Anglo. Ireland is a complete bandit country at the moment.0 -
-
He has transfered most / all of his assests into family members name. This is an area of the law that needs to be addressed. If you are found to be bankrupt, any / all assets that have been yours within the last 10 years and gifted / sold for less than market vaule based on an average price index, the difference in value is seizable by the courts if this means repossesion and resale. Possibly apply this law to family members only, as it can disrupt fair market trading.
Also, it is illegal for anyone to take your money without your permission or court order. He could have 6 billion in an account with Anglo, they wouldn't be allowed touch it (by law) without his consent or court order.
The bottom line is that this recent banking crisis should be the catalist for a rake of new, anti-corporate, anti-corruption, anti-avoidence legislation, targteting the "elite" and their blatent corrupt practicses. I believe Drumm should be rotting in a prison cell for example. I also believe the recent NO vote for committees calling people before them to later refer them on to the high court was the missed oppertunity that has let them off scott free (and many, including Fianna Fail surprise surprise) have managed to scare mongour people out of a yes vote, but if reviewed in the light of day, it was our best solution to accountability. And YES it gave powers for someone innocent to be called up to answer questions, but it would be political suicide to have someone investigated with absolutely no case to answer, and would save all the hiding behind long winded, costly court proceedings. Remember, ANY findings of the commitee can only be reffered to a high court judge, they would have had absolutely zero powers other than to only ask questions.
I had read that there is a law that can be used here. If it can be proved the transfers were fraudulent then they can be reversed. NAMA has even greater powers and has registered judgements against partners/spouses or forced reversals of the transfers.
Surely he can't declare bankrupt in the North when all his businesses are trading from the South?Mad Men's Don Draper : What you call love was invented by guys like me, to sell nylons.
0 -
He has transfered most / all of his assests into family members name. This is an area of the law that needs to be addressed. If you are found to be bankrupt, any / all assets that have been yours within the last 10 years and gifted / sold for less than market vaule based on an average price index, the difference in value is seizable by the courts if this means repossesion and resale. Possibly apply this law to family members only, as it can disrupt fair market trading.
Also, it is illegal for anyone to take your money without your permission or court order. He could have 6 billion in an account with Anglo, they wouldn't be allowed touch it (by law) without his consent or court order.
The bottom line is that this recent banking crisis should be the catalist for a rake of new, anti-corporate, anti-corruption, anti-avoidence legislation, targteting the "elite" and their blatent corrupt practicses. I believe Drumm should be rotting in a prison cell for example. I also believe the recent NO vote for committees calling people before them to later refer them on to the high court was the missed oppertunity that has let them off scott free (and many, including Fianna Fail surprise surprise) have managed to scare mongour people out of a yes vote, but if reviewed in the light of day, it was our best solution to accountability. And YES it gave powers for someone innocent to be called up to answer questions, but it would be political suicide to have someone investigated with absolutely no case to answer, and would save all the hiding behind long winded, costly court proceedings. Remember, ANY findings of the commitee can only be reffered to a high court judge, they would have had absolutely zero powers other than to only ask questions.
Fianna Fail supported a YES vote.0
![[Jackass]](https://w3.vanillicon.com/v2/3178d191648ad5d2fb7722b96c5c616c.svg)
Advertisement