Bailey brothers set to cash in on Metro North route

[Odyessus]

No, I am neither, but I cannot understand the complaints that housing is being built near the Metro. Anywhere else this would be considered normal and rational, here it is viewed by some people as almost a crime against humanity.

Building high density appartments close to the Metro is a good thing.

The fact that it is the corrupt (as found by the Flood Tribunal) Baileys that will profit is anathema.
The co-incidence that this site is but a stones throw from Ray Burke's Briargate just adds to the disgust.

Alonso wrote that using the N1 route was obvious.
If you look at the development plans for Swords, you find that it is limited on the east by the M1 motorway.
Potentially more people could have benefited if they went up the center/west of Swords, away from the Bailey brother's site.

No matter where road or rail links are built, people will find it convenient to live adjacent to them. Building developers know this as well as anyone else. No matter where such transport links are built, housing development will follow, no matter who the developer is or who owns the land. If an alternative route was chosen for the Metro the same people would still be moaning that builders are "coining it". Only the builders' names would be different.

[Pauli]

No, I am neither, but I cannot understand the complaints that housing is being built near the Metro. Anywhere else this would be considered normal and rational, here it is viewed by some people as almost a crime against humanity.

Building high density appartments close to the Metro is a good thing.

The fact that it is the corrupt (as found by the Flood Tribunal) Baileys that will profit is anathema.
The co-incidence that this site is but a stones throw from Ray Burke's Briargate just adds to the disgust.

Alonso wrote that using the N1 route was obvious.
If you look at the development plans for Swords, you find that it is limited on the east by the M1 motorway.
Potentially more people could have benefited if they went up the center/west of Swords, away from the Bailey brother's site.

No matter where road or rail links are built, people will find it convenient to live adjacent to them. Building developers know this as well as anyone else. No matter where such transport links are built, housing development will follow, no matter who the developer is or who owns the land. If an alternative route was chosen for the Metro the same people would still be moaning that builders are "coining it". Only the builders' names would be different.

You're right. The names may be different but the mechanism for corruption, Section 4, remains the same.

[Watcher]

No, I am neither, but I cannot understand the complaints that housing is being built near the Metro. Anywhere else this would be considered normal and rational, here it is viewed by some people as almost a crime against humanity.

Building high density appartments close to the Metro is a good thing.

The fact that it is the corrupt (as found by the Flood Tribunal) Baileys that will profit is anathema.
The co-incidence that this site is but a stones throw from Ray Burke's Briargate just adds to the disgust.

Alonso wrote that using the N1 route was obvious.
If you look at the development plans for Swords, you find that it is limited on the east by the M1 motorway.
Potentially more people could have benefited if they went up the center/west of Swords, away from the Bailey brother's site.

No matter where road or rail links are built, people will find it convenient to live adjacent to them. Building developers know this as well as anyone else. No matter where such transport links are built, housing development will follow, no matter who the developer is or who owns the land. If an alternative route was chosen for the Metro the same people would still be moaning that builders are "coining it". Only the builders' names would be different.

They only have themselves to blame for people moaning about them coining it. If it was not for the corruption they engaged in and the crappy developments and houses they sold people (and the massive profits on the backs of peoples hard work), we might not moan and begrudge them so much.

[michael1965]

It's odd that some posters are saying we should repeat the mistakes of the past, and develop land on some basis other than good planning. Who owns the land should be irrelevant.

[droghedasouth]

No, I am neither, but I cannot understand the complaints that housing is being built near the Metro. Anywhere else this would be considered normal and rational, here it is viewed by some people as almost a crime against humanity.

Building high density appartments close to the Metro is a good thing.

The fact that it is the corrupt (as found by the Flood Tribunal) Baileys that will profit is anathema.
The co-incidence that this site is but a stones throw from Ray Burke's Briargate just adds to the disgust.

Alonso wrote that using the N1 route was obvious.
If you look at the development plans for Swords, you find that it is limited on the east by the M1 motorway.
Potentially more people could have benefited if they went up the center/west of Swords, away from the Bailey brother's site.

Yes perhaps that would have been justifiable also. However, Swords and Malahide will eventually merge (if it can be believed they haven't already), with the M1 as a nice big severance. Despite what i said earlier, an underground straight through the town centre would be ideal - too expensive though.

And bear in mind that every site within a 800m to 1 kilometre radius will contrbute to the costs of Metro, as they will benefit greatly from associated increased densities.

We cannot control who owns land. This route makes sense as it is the closest available option for the town centre, which is most important. If the Baileys make a fortune from building a high quality high density development, like Charlestown, i see no problem with it, despite their murky past.

What p1sses me off when a cabal of cowboys use unsustainable, wasteful nonsense like the M3 to vomit a housing estate or an office park on an interchange and consign a generation to commuter misery.

Have to agree with you.
Probably better in the end to have the Metro go past an empty site like that opposite the Pavilion shopping center [corrected] that can be dveloped into high density than thru an existing low density housing estate.

Just hate seeing those two corrupt so-and-sos making even more money.

[alonso]

just clear up one wee thing Drog. Charlestown is actually in North Finglas, unrelated to the landholding in Swords. It won't be served directly by Metro north, but could be by an extension of LUAS. The M50 will sever it from Metro West, but maybe not entirely.

But yes, I was gonna make that same point about Metro and Greenfield sites. The usual response is "sure there;s nothin' but fields out there", unawares that 5,000 homes, a town centre, and an uber office park have quietly slipped into the planning office for consideration

[Corroboration]

They should be in prison.

If you have evidence of criminal activity I advise you to inform the Gardai.

If not please refrain from remarks which could be libelous.

Odysseus
Serious question.
How is this libelous (or even libellous?)

The activity of these two men over the past 20 years and more is in my opinion downright scandalous and I agree wholeheartedly with the poster who says they should have all their gains taken off them as they were operating at a massive advantage through their tax evasion.

Hypothetically, if I was a builder who tendered against the Baileys for a job say in the late 80's and got beaten becuase I actually factored in my full tax burden for the job, i'd be ************************************ livid when the full facts emerged all the more so as I might have been driven out of business for trying to do things by the book while rogues prospered at my expense.

I usually don't like wishing ill on anyone but I hope Paul Appleby eventually tears these two new arseholes.

These two only settled when the amount represented a slap on the wrist to them after their wealth had swelled thanks in large part to the extra leverage their evasion afforded them
Compare their 22m with say some modest farmer who gets nailed for 100k+ after innocently being conned into putting a poxy 20k into a dud scheme by Bev and her gang.

Lads I'm confused. Did I not hear that the ODCE eventually succedded in getting these guys? See the following press release from the ODCE application for them to be struck off:

Press Statement by the Director of Corporate Enforcement

Disqualification Proceedings against Messrs. Michael and Thomas Bailey

For Immediate Release



Arising out of press reports this morning and in response to further press queries, Mr Paul Appleby, the Director of Corporate Enforcement, has issued the following Press Statement:

“I confirm that following a lengthy investigation by my Office, I initiated High Court proceedings earlier this month for the disqualification of Messrs. Michael and Thomas Bailey, the directors of Bovale Developments, under paragraphs (a), (b) and (d) of Section 160(2) of the Companies Act 1990.

The matters in question are sub judice, and I will be making no further comment pending the conclusion of the proceedings.”



31 August 2006

ENDS

[droghedasouth]

just clear up one wee thing Drog. Charlestown is actually in North Finglas, unrelated to the landholding in Swords. It won't be served directly by Metro north, but could be by an extension of LUAS. The M50 will sever it from Metro West, but maybe not entirely.

But yes, I was gonna make that same point about Metro and Greenfield sites. The usual response is "sure there;s nothin' but fields out there", unawares that 5,000 homes, a town centre, and an uber office park have quietly slipped into the planning office for consideration

Thanks, I edited the post to prevent proliferation of my error.

[Libero]

Lads I'm confused. Did I not hear that the ODCE eventually succedded in getting these guys? See the following press release from the ODCE application for them to be struck off:

Well, that dates from many months ago.

In the meantime - surprise, surprise - the Bailey Brothers have had their lawyers throwing all sorts of accusations at the Office of the Director of Corporate Enforcement, as well as (according to the Sunday Business Post) plotting ways to continue managing their companies even if they should be legally disqualified from doing so.

The brothers' most notable success was in having Tribunal evidence excluded from any hearing into their fitness to be company directors. Inadequate rules of evidence in a tribunal and all that. Link here.

But I think they're going down. The boys and girls in PWC have been working away on behalf of the Director and there'll be plenty of evidence for a High Court judge to make an example of them. And then we'll all be down the Supreme Court...

[droghedasouth]

Lads I'm confused. Did I not hear that the ODCE eventually succedded in getting these guys?
ENDS

I think I saw a headline last Sunday suggesting the terrible duo have made arrangements to run their company even if they are disbarred. This would suggest that judgement is imminent.