The Eagle has landed

The Eagle has landed

The Northern Ireland Assembly is no stranger to crises and scandal. They tend to erupt regularly but, like a recurring cycle, go unresolved only to be replaced by another. Cynicism has people believe this stubborn arrangement is the price of maintaining the North’s power-sharing government. However, the scandal surrounding Project Eagle, the sale of NAMA’s […]

NAMA – the great sell off

NAMA – the great sell off

There is a whiff of corruption arising from NAMA. The most obvious case has already been highlighted with Project Eagle in Northern Ireland. Here a giant US company Cerberus paid a €7 million fixer fee to secure assets originally worth €6.5 billion for just €1.34 billion. Even though Michael Noonan was informed that another company […]

NAMA is a scandal; North and South!

NAMA is a scandal; North and South!

NAMA is a scandal; North and South! The recent BBC NI documentary on the sale of a huge swathe of NAMA owned property in the North confirmed the scale of corruption involved in the after-effects of Ireland’s property bubble crash. It also highlighted the rich pickings that a class of well-connected politicians, legal firms and […]

As crisis worsens NAMA funds luxury homes

With over a hundred thousand households still in need of social housing the real priorities of the Government and state can be seen in the workings of NAMA. In an extraordinary scandal the state agency continues to fund bankrupted developers who specialise in luxury homes for Irelands wealthy. This coincides with a ‘tsunami’ of house repossessions as the housing crisis worsens for ordinary people

As crisis worsens NAMA funds luxury homes

With over a hundred thousand households still in need of social housing the real priorities of the Government and state can be seen in the workings of NAMA. In an extraordinary scandal the state agency continues to fund bankrupted developers who specialise in luxury homes for Irelands wealthy. This coincides with a ‘tsunami’ of house […]

TAKE BACK CLERYS FROM THE PROPERTY SPECULATORS

The treatment of the Clerys staff is a dramatic illustration of the rot that lies at the heart of Irish society.

TAKE BACK CLERYS FROM THE PROPERTY SPECULATORS

The treatment of the Clerys staff is a dramatic illustration of the rot that lies at the heart of Irish society. The workers are the victims of successive government’s policies of pampering the Irish rich by stoking up a new property bubble. The main figure behind the purchase of Clerys is Deirdre Foley of company […]