Most developers have now transferred their assets to spouses

Irish Slaves for Europe wrote: »

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.

Just watching this now. Well done to RTÉ's Prime Time. It's truly stomach-turning. Public consciousness of what is happening must be awakened.


Gerry Gannon, Séamus Ross, Michael McNamara have so far been listed. Why Gannon, for instance, needs all those big houses is obscene - how many houses can the guy live in at the one time? This ostentation is actually very, very, very nouveau riche.

Meanwhile, poor people continue to live in ordinary homes while the greatest parasites in Irish history since the Cromwellian conquest live it up and remain, by virtue of the fortunes transferred to their wives, multimillionaires. You don't have to be an idealist to see that something is fundamentally wrong about our society with this state of affairs.

Immoral, but all perfectly legal as you say. What great legislators we have in the Oireachtas. And before Fine Gael and Labour get all high and mighty, did they ever attempt to propose bills to close off these loopholes? Any member of the Oireachtas could have made such a proposal. The entire political class all stand indicted.

Same old story,all we ever get is the law,no such thing as justice in this corrupt state!!!
Lawyers protecting their pals.. Remember Sean Fitz.having coffee or whatever with the barristers in the Four courts...
They will get away with it...Bloddy shower of scumbags,may they rot in hell for the hurt and misery they have inflicted on innocent people now and in the future.



















b

vintac34 wrote: »

Same old story,all we ever get is the law,no such thing as justice in this corrupt state!!!
Lawyers protecting their pals.. Remember Sean Fitz.having coffee or whatever with the barristers in the Four courts...
They will get away with it...Bloddy shower of scumbags,may they rot in hell for the hurt and misery they have inflicted on innocent people now and in the future.



















b

If people keep repeating this mantra then they will..

ilovesleep wrote: »

I am having a stroke here

Pervert

Pearse Doherty is on The Frontline talking about the Prime Time programme.

ilovesleep wrote: »

We really do need war

We can't afford one:D

galwayrush wrote: »

We can't afford one:D

Isn't war good for the economy though? Maybe we do need war.

Forgeting about the corruption involved im sorry to say guys in no way is what has happened in the last few years capitalist. Those who took the risk payed sure, but only the poorest payed the richest didnt. Americans cant understand why not one of our bankers are in jail

Note that every time it was mentioned about them being transferred to their spouses that prime time insisted it was in no way implying that this was illegal - all they are doing is covering their ass against being used as reason for prejudicing future cases.

Am sure these people have the best legal people working for them - but fact is that it is illegal if you purposely transfer assets for the reasons of evading legal responsibilities and fraud. Now it will be up to NAMA to prove that this was the reason they did it - so it will come down to who has the better legal people working for them.

For any asset transfer that is registered with land registry there is a doc that is signed to confirm you are not "knowingly" up to no good when transferring.

No doubt we will be told tomorrow that prime time has exposed issues that NAMA was not aware of and that they would be interested in talking to RTE regarding the information they hold... and then we will hear nothing about it again.

Its fcuking sickening that these people can get away with this - particularly that w****r from howth; he had enough stuff in those bags from BT to build another ****ing house in howth!