Page 1 of 2 12 LastLast
Results 1 to 10 of 20

Thread: Furious Dept Finance Mandarins may sue

  1. #1
    Politics.ie Regular
    Join Date
    May 2007
    Location
    Away
    Posts
    1,420

    Furious Dept Finance Mandarins may sue

    Finance officials ?furious? | Irish Examiner

    Finance officials ‘furious’
    by Caroline O’Doherty

    FURIOUS Department of Finance officials are contemplating legal action over leaked Anglo Irish Bank documents that imply the department backed the bank’s use of staged multi-billion euro transfers to prop up its accounts before audits.

    Sources described the suggestions as a disgrace and said officials who dealt with the bank on the department’s behalf were considering defamation proceedings, fearing their integrity had been brought into question.

    The contents of the internal papers were published by the Sunday Tribune newspaper, which quoted from memos, phone conversation transcripts and audit documents recording discussions between the bank and representatives of both the Department of Finance and the Financial Regulator.

    One document recalls a conversation last September when the bank’s then finance director Willie McAteer told the then financial regulator Patrick Neary that he would be "managing" the bank’s balance sheets. The document records Mr Neary’s response as "Fair play to you, Willie." Mr McAteer resigned and Mr Neary retired since the extent of the now nationalised bank’s problems came to light late last year.

    They are FURIOUS and considering DEFAMATION proceedings. All I can say is good luck...

    The article emphasises the dislocation between government officials and the real world, but also shows that the cloak of secrecy must go.

    Why does government business need to be done in secret? Why can television cameras not attend cabinet sessions - what is the problem?

  2. #2
    Politics.ie Regular
    Join Date
    Jun 2006
    Posts
    9,658

    are they going to sue themselves or the gov
    What does the Irish President spend their time doing. Work in progress
    To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

  3. #3
    Politics.ie Regular Victor Meldrew's Avatar
    Join Date
    Jun 2007
    Location
    Clubbed into insensibility
    Posts
    3,133

    There may be something in this. I've been given the impression from mid rank finance that the dept spends a lot of it's time keeping the FF morons from killing the golden goose . Clearly they lost the battle a long time ago. For the most part the civil service has some really smart, honest people in it's ranks. The damage limitation failed though. We are back to incompetent regulators for the root cause... But the mandarins have no chance.

  4. #4
    Politics.ie Member
    Join Date
    May 2008
    Location
    worker bee in the P.ie bee-hive.
    Posts
    8,428

    to pick the op up on his final sentence, there really is no such thing as transparency in our politics , they are media-craven and spin-led. a webcam or other recording device at cabinet would heighten the current already absurd level of personality politics and media sycophancy.

  5. #5
    Politics.ie Royalty toxic avenger's Avatar
    Join Date
    Jun 2007
    Location
    Oxfordshire
    Posts
    21,790

    The leaks were clearly for a purpose, and clearly the purpose was to spread the blame away from Anglo to others. I suspect that no action will be taken at all (unless they know who leaked), but if it has been a smear job to cover the arses of Anglo directors then I do hope they don't let the matter simply drop...

  6. #6
    Politics.ie Member
    Join Date
    May 2008
    Location
    worker bee in the P.ie bee-hive.
    Posts
    8,428

    Checks and Balances that would be effective : reduce the 30 year rule to ten and decrease FOI costings.
    Last edited by Christine Murray; 23rd February 2009 at 11:37 AM.

  7. #7
    Politics.ie Regular BodyofEvidence's Avatar
    Join Date
    Jul 2008
    Posts
    4,283

    This is a load of tosh
    nobody was named - and they wont now put their head up and say "I told them it was ok to do this". Typical finance hubristic nonsense. Clearly they are rrattled - good, rattle em more. These dolts get paid vast sums to do their jb and have abjectly failed.

  8. #8
    Politics.ie Member Digout's Avatar
    Join Date
    Oct 2008
    Location
    at the bar, where the sock puppets are
    Posts
    13,675

    For anybody who was every worked in the civil service, you will be able to confirm one thing. Civil servants never do anything without orders from above. There is a chain of command.

  9. #9
    Politics.ie Regular
    Join Date
    Aug 2007
    Posts
    4,550

    Quote Originally Posted by Digout View Post
    For anybody who was every worked in the civil service, you will be able to confirm one thing. Civil servants never do anything without orders from above. There is a chain of command.

    Exactly. The civil servant's input would have been to present various courses of action, with the likely projected consequences for each one. They are not the decision makers, and every decision taken will be signed and countersigned to prove it.
    “A healthy social life is found only, when in the mirror of each soul the whole community finds its reflection, and when in the whole community the virtue of each one is living”
    To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

  10. #10
    Politics.ie Regular BodyofEvidence's Avatar
    Join Date
    Jul 2008
    Posts
    4,283

    Exactly Digout. They dont think, they act. Reflexivly

Page 1 of 2 12 LastLast

Similar Threads

  1. Dept of Finance doublespeak
    By cd27 in forum Economy
    Replies: 4
    Last Post: 15th June 2009, 09:34 PM
  2. Finance dept chief defends performance
    By NewsBot in forum Current Affairs
    Replies: 11
    Last Post: 2nd May 2009, 01:40 PM
  3. The Economy: the plan from the Dept of Finance.
    By Question R24U in forum Economy
    Replies: 38
    Last Post: 15th February 2009, 06:08 PM
  4. Dept of Finance has not enough qualified staff : Indo
    By BodyofEvidence in forum Economy
    Replies: 4
    Last Post: 25th January 2009, 06:45 PM
  5. Minister Martin for top job in Dept of Finance
    By NTG in forum Fianna Fáil
    Replies: 38
    Last Post: 4th April 2008, 10:17 PM