Cowen's Running mate has assets frozen by High Court

[MsAnneThrope]

Think you will find the ERA will very quickly be addressing the issues you raised but sadly they cannot do anything further to Killally and Connor.

Killally must be screaming for Nama to rescue him.

I agree Stanley, but how could Killally benefit from NAMA exactly, given his good connections? This is a particularly interesting example/test case. The Independent says he is exposed for €30m plus legal fees. Assume he claims he cannot pay it, he wants to avoid bankruptcy (would prevent him pursuing any political ambitions he still has) and he wants to maintain the lifestyle he has become accustomed to.

What does he need to do to buy time, keep the wolf from the door and let his debts be someone else's worry in the meantime? How can he avoid all his assets being frozen?

[stanley]

I agree Stanley, but how could Killally benefit from NAMA exactly, given his good connections? This is a particularly interesting example/test case. The Independent says he is exposed for €30m plus legal fees. Assume he claims he cannot pay it, he wants to avoid bankruptcy (would prevent him pursuing any political ambitions he still has) and he wants to maintain the lifestyle he has become accustomed to.

What does he need to do to buy time, keep the wolf from the door and let his debts be someone else's worry in the meantime? How can he avoid all his assets being frozen?

His property loans get transferred across to Nama, if it is born, Nama is expected to be stuffed with political appointees - guess from where, problem is though the assets will probably never reach the loan values, write-offs.
There appears to be several actions and one will be played off the other to stall for time, the lady solicitor involved might even countersue.
AIB though have got the bit between their teeth now and a marvellous opportunity in a high profile case to let every developer out there know the have the will for the job.
The family home is in bother though and from a pm I recd it is sinking gradually into the bog.
Will be interesting to see if his missus has signed away her family rights to this home and if it can be sold from under them with AIB involved this may well be the case.
Doubt very much if this guy will have a future political career, he has got caught and it will get worse.
The CC should look at all PP's when Killally was in charge it is the FF'rs speciality.

[An Gilladaker]

.[/QUOTE]

He looks a little like Roysten Brady

[MsAnneThrope]

The CC should look at all PP's when Killally was in charge it is the FF'rs speciality.

Starting with this one maybe? Although it was Cowen's brother was Chairman for this vote, and just last month he was elected Leas Cathaoirleach of Offaly County Council (fellow FF'er Noel Bourke was elected Cathaoirleach), so I doubt any reviews of PP decisions would be very fruitful.

September 2008: OFFALY County Council has voted to allow major developments to go ahead on a Flood Plain, on the outskirts of Tullamore.

The highly contentious decision was carried by just one vote at last Thursday's meeting of the County Council. Amidst accusations of lobbying of councillors, on behalf of certain interested parties, and despite the recommendations of the Office of Public Works (OPW), and the advice of the Minister for the Environment John Gormley, Offaly County Council will back a proposed 30 million euro development project in an area known as 'Tullamore West' which stretches from the rear of Tullamore Railway station, Kilcruttin, the Grand Canal and as far as Charleville estate. The development will be known as The Grand Canal Quarter.

The decision comes in the wake of recent flooding in that specific area, and in many other parts of Tullamore and its environs.

It also comes in the wake of the announcement from Minister Gormley, that he will be issuing new national building guidelines in relation to flooding, in the coming weeks. The Minister said that 'unfortunately, in the past, planners were not as rigorous as they ought to have been in relation to building on flood plains.

'The OPW's policy in relation to development in the floodplain is that it must be avoided where possible.'

What The Councillors Said

"I strongly object to being lobbied at lunchtime by people trying to persuade me to vote yes.' He continued 'If anyone goes onto the OPW website they will see the flags flying where there is risk of flooding, Why should we consider building on lands that are going to flood. Why are we going against the OPW? Why take a risk when we don't need to? I am teetotally against any development on a flood plain. It is a complete lake, that area floods from October to March. The minister will blame the councillors, I am not going to put my name to this, I will go along with the recommendation of the OPW" - Councillor Tommy McKeigue [Fine Gael]

"We have to be responsible councillors at the end of the day we will take the rap, we know where the floods are, and if we direct the floods away from this area, where will it go? it sounds very expensive." - Councillor Molly Buckley [Fine Gael]

"I am very concerned, we do seem to be getting worse weather. Look at the OPW website and the number of flood areas highlighted. It may only occur once a century but it is still unacceptable and too much of a risk to take. It is awful for people living in these areas. I don't see why we should consider building in these areas." - Councillor Marcella Corcoran Kennedy [Fine Gael]

"Looks like we are taking risks, that I don't think we should be taking, the amount of rainfall in less than 24 hours in Whitehall can't be ignored and the County Council hasn't done much for them. Why are we zoning lands that are at high risk and that may not get planning permission" - Councillor Michael Fox [Fine Gael]

"I also want to join Councillor Tommy McKeigue in saying I object to being lobbied, it is like going back to olden days. If we look at rural areas, if a person wants to build in a flood plain, he can be knocked down straight away." - Councillor Eddie Fitzpatrick [Independent]

"There will always be problems with lands, Tullamore needs this development". "Are we a progressive council or do we want to go back in time?" - Councillor Ger Killally [Fianna Fáil]

The decision went to a vote with Cllrs Bourke, Butterfield, Cowen, Dooley, Feighery, Killally, McDonnell, Moylan-Ryan, Ormond, and Owens voting in favour of the variation, beating off the votes of Cllrs Buckley, McKeigue, Carroll, Clendennden, Corcoran Kennedy, Dolan, Fitzpatrick, Fox and McLoughlin by one vote.

Chairperson of Offaly County Council Barry Cowen said he was relieved and content that the plan was adopted.

So Killally votes for a development on a flood plain, despite all the valid concerns and objections raised, and now his own personal mansion, which he built in a totally different area, is sinking in bogland. Oh dear...

[stanley]

Starting with this one maybe? Although it was Cowen's brother was Chairman for this vote, and just last month he was elected Leas Cathaoirleach of Offaly County Council (fellow FF'er Noel Bourke was elected Cathaoirleach), so I doubt any reviews of PP decisions would be very fruitful.



So Killally votes for a development on a flood plain, despite all the valid concerns and objections raised, and now his own personal mansion, which he built in a totally different area, is sinking in bogland. Oh dear...

Is this project one of Killally's you know them ones with secret profits hidden from his "partners".

Really sounds like the whole PP should be reversed and unwound, monies returned, wonder what the diff PP made and how much did Killally score.

This is corruption FF style, Gormley should put the boot in bigtime and make the FF'rs pay attention.

[MsAnneThrope]

Is this project one of Killally's you know them ones with secret profits hidden from his "partners".

Really sounds like the whole PP should be reversed and unwound, monies returned, wonder what the diff PP made and how much did Killally score

No Stanley. It was the first thing I checked. Totally different piece of land to the other 4 sites that formed part of the "secret profits" court case. Makes you wonder how many more unusual planning permission decisions there were...

[stanley]

No Stanley. It was the first thing I checked. Totally different piece of land to the other 4 sites that formed part of the "secret profits" court case. Makes you wonder how many more unusual planning permission decisions there were...

Touche, but these are FF'rs one will never know how they cover each other, Killally looks like the kind of prlck who believes he is untouchable, not difficult for them to organise a mate to front something on their behalf.

Mahon has thrown up the term "personal political donations" as the Troyan horse for bribes, designed to throw off the scent for little bribes ala Frankie boy, while OOC was doing the bigger stuff but they got so greedy Frankie also had to make large corrupt payments for which he has no, no explanation for.

The funds had to be drawn down from AIB loans, they brought OOC in to clean up a perceived mess and counted on AIB to make it look ok, a banker's first requisite is "to cover his ass", they have done so at Mahon and Frankie is in jail voluntarily, lets hope there is not a "done" deal, Bertie is at the bottom of what is happening.

[kerrynorth]

According to the Sindo Martin 'the Viper' Foley has been running around Offaly looking to collect debts off Killally. The irony of Biffo's running mate being chased around Offaly by the Viper is just an unreal commentary of how Ireland has been brought to its knees by FF.
'Greed is good' creed was downfall - Analysis, Opinion - Independent.ie

[Supermanpolitician]

The two boys should be in jail. Simple as.

[stanley]

According to the Sindo Martin 'the Viper' Foley has been running around Offaly looking to collect debts off Killally. The irony of Biffo's running mate being chased around Offaly by the Viper is just an unreal commentary of how Ireland has been brought to its knees by FF.
'Greed is good' creed was downfall - Analysis, Opinion - Independent.ie

From a pm I recd from someone in the area Mrs Killally is still sporting about in the Range Rover, sounds like the repayments are being kept up as it is not diffucult to repossess a vehicle.