Well done Mr.
Chief Justice John Murray
The Irish Supreme Court rejected Liam Carroll’s last-ditch attempt to save his property empire
The ruling that could trigger a fire sale of his assets and puts a question mark over the Governments plan to rip off the tax payer by paying over the odds for Mr.Carroll’s worthless assets
The court’s decision to uphold an earlier ruling from the High Court means a receiver will give the job of off loading Carroll’s assets, from hotels to houses, in a knockdown sale that will drive down the market price of property before the government’s “bad bank” is up and running.
The Government had plans to transfer property loans with a nominal value of 90 billion Euros to a state-run “bad bank”
But “The Supreme court concluded that the petitioner had not established that its strategy for the orderly disposal of key assets of the company was credible or reasonably viable,” Chief Justice John Murray said in a written judgment.
The ordinary people of Ireland can justifiably to-night say a big thank you to the Supreme Court for demonstrating their independence and they can be proud in the knowledge that they did the country justice by not allowing a corrupt government and financial system rip off the people of Ireland
Carroll must face up to his own problems and pay his own debts and not expect the hard pressed people of Ireland to pay for his mistakes !
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About machholz
I started this Blog to get out of my system the absolute rage that I have for the corrupt politicians and their Banker Buddies. I’m an ordinary guy, married with kids, and have firm opinions of what is right and what is wrong. I’m not afraid to say it even when it makes me unpopular.
I reproduce news all manner of articles, but will always confirm the source of the articles; this is a compliment to the source of such news pieces. But if you do not agree with this and you are the original author, I will take down any article when requested to do so. I do not assume that the author of the news articles share with my views, I include news articles to give readers another slant to my views or to illustrate what the mainstream news media say on the relevant topic.
The opinions expressed are my own but I do not accept liability for them, If I have offended you or made a factual error please put on record the truth by leaving a comment.
In addition, my thoughts and opinions change from time to time...I consider this a necessary consequence of having an open mind. This weblog is intended to provide a semi-permanent point in time snapshot and manifestation of the various memes running around my brain, and as such any thoughts and opinions expressed within out-of-date posts may not the same, nor even similar, to those I may hold today.
For the record I am currently an Independent political activist and am not affiliated to any political party
