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About LinkBacksThanks lads, I've been away in an internet-free area of the Andalucian countryside so couldn't keep up, I'll be wading through the transcripts over the next few days...
Thanks lads, I've been away in an internet-free area of the Andalucian countryside so couldn't keep up, I'll be wading through the transcripts over the next few days...
OOC is turning into a bit of a comedian, he is now saying that the very lads, AIB, who were giving him a free ride on QV and financing the corrupt payments, were placing a slant on their internal memos because they did not want to know anything about the stadium.
If OOC was not covering AIB's ar*se for them he would find his business in serious trouble and his borrowings called in for casting dispersions about the place with regard to their motives/actions.
Whatever FD wanted in terms of monies OOC coughed up, he was obviously advised to look after Bertie and anybody to do with FF and sprinkle some pixie dust on the other parties, after all if he bribed the lot of them they would hardly retaliate againsy FD or each other.
FD appears to have aspirations of a success fee of 1m but OOC gave him 300k when he got a Rev bill (long overdue) and told him that was that.
Of course matters have changed since and when the Tribunal came sniffing around OOC had to rapidly re-finance FD for his legal fees in case the canary began to sing too loud.
FD must really have done a good job on obliterating certain entries in his diaries if the FBI could not reconstruct, althoufg when the Tribunal first requested same why didnt FD destroy completely and tell the Tribunal same or they were lost, one cannot help but think entries have been added to mislead the Tribunal.
cant seem to use quote or URL functions, but here goes:
from Irish Indo:
"THE Developer Owen O'Callaghan has denied fixing a junket for a councillor to ensure the man was out of the country for the vital Quarryvale vote.
Mr O'Callaghan told the Mahon Tribunal yesterday that he did not use his friendship with the then chairman of FAS Dr John Lynch to ensure Dr Lynch sent independent councillor Gus O'Connell, who was employed by the State training agency, to London to coincide with the Quarryvale vote in December 1992.
...
"It was a shock to everyone when Gus didn't turn up for the vote" he added."
From RTE:
"Property developer Owen O'Callaghan has denied that a letter written by his business partner referred to an 'off the books' payment of £150,000 to secure the Quarrvale rezoning. Mr O'Callaghan told the Mahon Tribunal that his partner had been using loose language.
Owen O'Callaghan was questioned about a memo to AIB written by his partner John Deane in February 1993. It informed the bank that £150,000 in 'expenses' had been paid to secure the Quarryvale rezoning.
Mr O'Callaghan said he did not know why the word expenses was in quotation marks."
Originally Posted by yehbut_nobut
It's great to have p.ie back so as you can have a giggle at things like this!
I see thay we can only use one icon in a response, any chance we can add an icon with two fingers raised, a lá Limerick gang members for referring to the likes of Bertie, OOC, etc!
It just gets better and better, or to put it another way, worse and worse...
Irish TimesRTECORK DEVELOPER Owen O'Callaghan has agreed he paid £1.8 million (€2.2 million) to lobbyist Frank Dunlop between 1991 and 2001.
...
The tribunal heard Mr Dunlop and his companies, Frank Dunlop and Associates and Shefran Ltd, were paid £1.8 million over 10 years. The payments included three that came to £80,000 to Shefran Ltd in advance of a vote on Quarryvale in May 1991.
More than £950,000 of the total figure was paid after the tribunal was established in 1998 and included Mr Dunlop's legal fees.
Mr O'Callaghan agreed the payments were made.
He also agreed he did not produce invoices to his bank, AIB, for the three 1991 Shefran payments totalling £80,000. Moreover, though he said the invoices were in his possession, he did not show them to his bookkeeper, Aidan Lucey, to auditors Deloitte and Touche, or to his partner in the Quarryvale development, developer Tom Gilmartin.
Counsel for the tribunal Patricia Dillon ... read into the record part of a letter written to AIB by John Deane, Mr O'Callaghan's solicitor and business partner in Cork in February 1993.
The letter indicated Mr O'Callaghan's company Riga Ltd had incurred expenses totalling £400,000 to secure the Quarryvale zoning. The figure included £150,000 spent on various expenses directly related to Quarryvale and for which invoices have not been produced to the bank, the letter noted.
...
"That could suggest a sum of £150,000 . . . was off the books as it were, and was paid to secure the Quarryvale zoning?" Ms Dillon suggested. "No, absolutely not," Mr O'Callaghan replied.
It's starting to become a farce - his stories are unravelling around his ankles...Developer Owen O'Callaghan has told the Mahon Tribunal that it was 'pure coincidence' that he paid a total of £25,000 to two councillors following a vote on the Quarryvale rezoning.
Mr O'Callaghan paid £20,000 to then Fianna Fáil councillor Colm McGrath on 9 November 1993.
...
He said it was pure coincidence that on the same day he gave Councillor John O'Halloran, formerly of the Labour Party, a political contribution of £5,000 after he lost the Labour whip because of his support for Quarryvale. He agreed that both payments were recorded as Quarryvale expenses in accounts and not as a loan or a political contribution.
He denied that the payments had anything to do council motion from Democratic Left the previous month that would have dezoned Quarryvale.
Last edited by yehbut_nobut; 2nd October 2008 at 11:20 AM.
“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”
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Read yesterday's transcript, OOC pays £600K to Dunlop in 1998, just when Tom Gilmartin begins revealing what he suspected Dunlop was up to in the Sunday newspapers and began co-operating with the Tribunal in private. Hmmmm, no rats to smell there... Plus, OOC continued paying Dunlop until 2001, more than a year after Dunlop's alleged conversion in the witness box. Dunlop, at this same time, purely co-incidentally, began defacing his diaries for no apparent reason of consequence. It's all totally credible and believable, and OJ Simpson was innocent too...
Also, TG was threatening to pull down the whole scheme in 1992, threatening to go to the newspapers and trying to ring councillors to get them to vote AGAINST Quarryvale, despite the consequences to himself. Why? OOC doesn't know, he claims. He doesn't know why his own business partner was so outraged and angry that he was tring to pull down his own business and lose everything he had. It didn't concern Owen in the slightest. It was certainly nothing to do with the fact that the Sunday Business Post and others had printed stories that Gilmartin had been made bankrupt in the UK in December 92, two days prior to which, Ted Harding, the author of the SBP article, had been in recorded contact with both OOC and Dunlop. The vote on Quarryvale being that week. Or with the fact that Gilmartin had been told nothing, admitted by OOC yesterday, about the capping, which, in conjunction with the newspaper stories, looked to TG like a deliberate attempt to dilute his equity and force him out on the cheap. Or with the fact that Gilmartin had recently become aware that payments were leaving the company to an entity called Shefran, which he started asking questions about. No, all co-incidences says OOC.
And the tooth fairy left 30K under my pillow last night....
Last edited by toxic avenger; 2nd October 2008 at 11:52 AM.
Ms Dillon is at the moment playing the role of a picador at a Spanish bullfight, she is delivering the banderillas to the shoulders of the bull (OOC) weakening him by the minute in preparation for the final kill by the matador (Mahon).
All the stories, fact and fiction are being pulled together and put to OOC allowing him the opportunity to agree or deny and then she steps back and changes tack.
OOC's standard phrases "I can assure you" and "Absolutely yes" now ring hollow.
The letter to Albert saying he has donated over 100k to FF is spot on but he gave it in one year not over 30 years as he now claims, which includes the 70k fees to FD to be what they really were - corrupt payments.
Total fees of 1.8m to FD Corp, what they have traced, are for the most part corrupt payments to politicians and the likelihood is payments to Bertie as described by TG are incl in this sum.
All roads lead to OOC and his constant denial that he did not give answers to questions put by auditors/bank/ own acct/own partner because they did not ask the questions is TBH a load of crap, he had all the answers, the Shefran invoices sat on his desk, chqs were paid out of his personal to politicians to disguise them from everybody and reimbursed as something else.
He bribed anyone he came across in FF who could help QV and the senior politicians involved
were voracious in their appetite and did not geive a fup how many other bodies were at the trough.
OOC should be grateful to TG about the 50k that was stolen by Pee Flynn from FF, because he would have had to give it to PF anyway.
900k earmarked for purchase of Council lands was not paid over until very, very late and provided the cashflow for a lot of the corruption monies and AIB turned a blind eye, they were shareholders and also did not listen to TG's complaints when he told them what OOC was up to, they were desperste to get shut of the whole issue and normal rules went out the window.
Dillon did a good job on the question of answers to auditors, TG, etc. It was clear that TG was the only person at the March 93 Board Meeting that was concerned about the lack of information being given to the auditors, telling them that the company was in danger of being struck off. Even OOC's own auditors were in the dark. Only OOC had the answers to where, for example, the 10K payments to Lawlor and McGrath went, i.e. that they were payments to politicians. Dillon put it to OOC that he was the man with the answers, any information on such payments could only be given by him, otherwise the auditors, AIB, TG, etc. could never find out. OOC had to admit that, yes, he was the only person who could have given that information. But he didn't. He deliberately kept it quiet. And both he and Deane have admitted that TG would never in a million years have consented to such payments, particularly to Lawlor, while Eddie Kay of AIB has said that he would never have allowed such payments either, they contravened the shareholders' agreement which said that all payments were to be used on the development of the project. Add to that the fact that OOC was thus aware, as he admitted, that these payments should never have been charged to TG's directors' loan account, yet that is where they ended up. The amount of mistakes, co-incidences, misunderstandings, and the like that OOC has now asked us to believe in must be in treble figures at this point.
Given the current crisis, what's the likelyhood that OOC properties is one of the companies having interest rolled over on debts to the banks?
Is there any chance such a situation has influenced recent events?
“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”
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We have to remember all the evidence has been turned up by the Tribunal and nothing has been volunteered, it has had to be dragged from them as they kick and scream, AIB's disclosures have been very disappointing particularly with regard to Bertie, Guinness & Mahon has been mentioned but nothing appeared.
At every turn Bertie's crew has sought to limit the Tribunals's powers into what they can investigate, if Mahon had carte blanche to follow the money everywhere even outside jurisdiction they could blow apart a lot more than Bertie/OOC.
The use of offshore accounts by Irish people has been going on for the last 30 years, look at the non-resident account scandal, Irish banks have been spreading their wings overseas all this time and most of the customers are Irish residents.
It would present no problem for an Irish politician to receive funds offshore from an Irish company or donors (corrupt or otherwise) like OOC, the banks can do this with their eyes closed, CRH have been involved before why not still now they flounder all regulations in Irl and operate in over 50 countries worldwide and their favourite boyo was CJH.
OOC could have been coughing up 5 or 10 times the known sums offshore and we will never know, could it be the FF'rs have sarcrificed Bertie and others to cover the sins and methods of the offshore party.
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