For months I have warned people that NAMA is all about buying time and saving developers. I warned people that these criminals would transfer all their wealth offshore or to family members. Now we see Liam Carroll has transferred millons worth of property to his wife. Seanie Dunnes wife is the beneficial owner of €60 million worth of real estate in ballsbridge (all this on a journalists salary!!!!!). Baldy Quinlan has done a runner to Switzerland where his children are in exclusibve privtae schools. There is nothing in NAMA about going after the developers. The banks have no incentive to chase them as they will have been paid for the loans and any monies collected would go to NAMA. The government could have frozen assets and declared that all assets transfers to family members etc for the past 5 years would be declared null and void if the transferor had impaired loans. Nothing was done and now we are being screwed with taxes, children having their allowance cut, children denied cancer vaccines and special needs classes being decimated.
Its not just Fianna Fail/Greens that are guilty. Where is the opposition outrage? Why is Alan 'Dublin mountain ride fan' Dukes not expelled from Fine Gael for consenting to Anglo Irish offering €68 million to Liam Carroll? Is it because Sutherland and Gleeson still carry weight (no pun intended) in the party?