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  1. #301
    stanley stanley is offline

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    Quote Originally Posted by hammer View Post
    In the current action, Ulster Bank said the brothers also sought to deceive it by using a company which the bank described as “a front” for one of the brothers to buy the land for just €1.5 million, where the original loan for the property was €21.5 million.

    That is some knock down price.................


    The absolute gall/cheek of them to try to pull off this stroke on the bank is incredible, were they hoping for a slip-up or was the nod nod wink wink game in play.
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  2. #302
    recedite recedite is online now

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    Quote Originally Posted by stanley View Post
    The absolute gall/cheek of them to try to pull off this stroke on the bank is incredible, were they hoping for a slip-up or was the nod nod wink wink game in play.
    Very difficult to know. Is it possible to sell a mortgaged property without the bank knowing and agreeing to the sale?
    Perhaps reminiscent of when some of the Nama properties were snapped up. We'll never find out who knew what.
    https://www.independent.ie/irish-new...-26883994.html

    Either way, there have been some very dodgy dealings going on there.
    I'd say Apple are glad they went to Denmark instead, if that's the kind of "carry on" they can expect in Ireland.
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