Most developers have now transferred their assets to spouses

Irish Slaves for Europe · 20-12-2010 10:42PM #1

All perfectly legal. All tax free. Nothing NAMA can do about it but try to persuade them to reverse the transfers. Watch primetime on rte1 now. Merry Christmas everyone.

gar120 · 20-12-2010 10:45PM

in fairness if i was a developer thats the first thing I would of done.

Cookie_Monster · 20-12-2010 10:45PM

aiding and abetting should be good enough to get them under

sollar · 20-12-2010 10:47PM

I wish these people were brought before the courts if they have defrauded the state in anyway. But we are the last plutocracy in europe and we don't prosecute these people.

goat2 · 20-12-2010 10:48PM

what if the developer dies, we would have alot of merry widows

Daroxtar · 20-12-2010 10:48PM

Its ok. Primetime are showing us all where they live. Google earth FTW. I love the smell of napalm in the morning.

Ficheall · 20-12-2010 10:48PM

Cue slew of divorces...

Einhard · 20-12-2010 10:52PM

sollar wrote: »

I wish these people were brought before the courts if they have defrauded the state in anyway. But we are the last plutocracy in europe and we don't prosecute these people.

I'm pretty certain that you have to actually break the law in order to be prosecuted. If there are laws infringed in anyway, then yes, haul them up before the courts. But things are bad enough in this country without people tearing up the statute books.

goat2 · 20-12-2010 10:53PM

Ficheall wrote: »

Cue slew of divorces...

so if they divorce, she is no longer his wife, and she can keep the lot, would that be right

sollar · 20-12-2010 10:54PM

Einhard wrote: »

I'm pretty certain that you have to actually break the law in order to be prosecuted. If there are laws infringed in anyway, then yes, haul them up before the courts. But things are bad enough in this country without people tearing up the statute books.

If these transfers were done to avoid paying debts or to fool nama then laws were broken.

Forest Master · 20-12-2010 10:58PM

gar120 wrote: »

in fairness if i was a developer thats the first thing I would of done.

Trust me - you're not smart enough.

Irish Slaves for Europe · 20-12-2010 11:01PM

I don't see why Lenihan can't introduce a law that all assets that are owned or transferred within the last 3 years can be seized by NAMA.

ejmaztec · 20-12-2010 11:04PM

orourkeda · 20-12-2010 11:06PM

Cookie_Monster wrote: »

aiding and abetting should be good enough to get them under

Aiding and abetting what exactly?

Boom__Boom · 20-12-2010 11:08PM

Vile scum

Would it be so hard to bring in a law that says for a married couple wife's assets are the same as husband's assets?

Nodin · 20-12-2010 11:11PM

Boom__Boom wrote: »

Vile scum

Would it be so hard to bring in a law that says for a married couple wife's assets are the same as husband's assets?

...a considerable amount of effort was put into getting that scrapped...

Slogger Jogger · 20-12-2010 11:11PM

Nice touch that, going to the races in your 3.x mill helicopter.

ejmaztec · 20-12-2010 11:14PM

orourkeda wrote: »

Aiding and abetting what exactly?

They encouraged their husbands to buy big cars, properties, and borrow huge sums of money, to cover up the fact that their property-developing husbands' knobs were microscopic.

orourkeda · 20-12-2010 11:16PM

Irish Slaves for Europe wrote: »

I don't see why Lenihan can't introduce a law that all assets that are owned or transferred within the last 3 years can be seized by NAMA.

Perhaps because the receipients didn't do anything wrong. At least the case against them is far more difficult to prove.

Slogger Jogger · 20-12-2010 11:16PM

Looks like one developer, or his wife that is, owns most of Howth.

orourkeda · 20-12-2010 11:18PM

ejmaztec wrote: »

They encouraged their husbands to buy big cars, properties, and borrow huge sums of money, to cover up the fact that their property-developing husbands' knobs were microscopic.

Surely their shafts are big enough to beat the aiding and abetting charges

Boom__Boom · 20-12-2010 11:19PM

Nodin wrote: »

...a considerable amount of effort was put into getting that scrapped...

What law is that ? and by who/why ?

Irish Slaves for Europe · 20-12-2010 11:21PM

orourkeda wrote: »

Perhaps because the receipients didn't do anything wrong.

thats neither here nor there

ejmaztec · 20-12-2010 11:22PM

orourkeda wrote: »

Perhaps because the receipients didn't do anything wrong.

They could have been directors of the various property companies, who just happened to resign at the right moment. As directors they would have been as responsible as their husbands, if the companies got involved in "strange" dealings.

BarryDoodles · 20-12-2010 11:23PM

Ficheall wrote: »

Cue slew of divorces...

Funnily enough since the courts have clamped down on the transfer of property between spouses, we are seeing many developers and their spouses "fall out of love" and apply for an uncontested separation. Terms of which include the spouses getting the family home and in some cases substantial property. The kicker of course is NAMA and the Banks cant touch the spouse

This ''abuse'' of family law is genius but, of course, immoral.

djk1000 · 20-12-2010 11:24PM

Boom__Boom wrote: »

What law is that ? and by who/why ?

because until quite recently, a husband could sell the family home or anything the wife owned without her signature or knowledge. The law was changed to improve the rights of women within marriage.

As with many well intended laws, there are smart people that get paid very well to find ways to abuse them.

Son Of A Vidic · 20-12-2010 11:24PM

sollar wrote: »

If these transfers were done to avoid paying debts or to fool nama then laws were broken.

But the law will never apply to these cnuts unfortunately.

Bottle_of_Smoke · 20-12-2010 11:26PM

Immediate new demographic who will vote Sinn Fein if they promise to recommission the PIRA

ilovesleep · 20-12-2010 11:29PM

Fcuking pricks those developers. love your username op

Birdnuts · 20-12-2010 11:30PM

If anyone wants to know why their is no hope for this country tonights Prime Time proves that the mafia are well and truely in charge:mad::mad:

Boom__Boom · 20-12-2010 11:34PM

djk1000 wrote: »

because until quite recently, a husband could sell the family home or anything the wife owned without her signature or knowledge. The law was changed to improve the rights of women within marriage.

As with many well intended laws, there are smart people that get paid very well to find ways to abuse them.

Jokeshop

Most developers have now transferred their assets to spouses

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