This another piece of brilliant work from the lads over on The Story
Iread more The Storyn his declaration of interests to the House of the Oireachtas Frank Fahey states he holds shares in Ryanair, Irish Life and Permanent, Aviva and Eircom. I see no way he could possibly hold shares in Eircom.
To my knowledge it’s not possible for him to hold Eircom shares since the Valentia takeover in 2001. Eircom shareholders at that time would have had to cash-out or take Vodafone shares.
Strangely, Deputy Fahey declared shares in Vodafone in 2005 and 2006, then Eircom shares in 2007 and every year since. Therefore, if I am correct, and I’ve asked around to try to find someone who could tell me I’m not (anyone?), Deputy Fahey has made an incorrect declaration for the last three years.
I asked his assistant how I could put some questions to the deputy and was told to send an email to the office address. I sent the following email on April 1, eight days ago;
Mark Coughlan gets his hands on the Teflon TD Frank Faheys mobile number here is the conversation that followed.
MC Hi is this Frank?
FF Yes, who’s this?
MC Mark Coughlan, I’m a freelance journalist, I’m calling you to ask about your shares in Eircom. I sent you an email last week which your staff said you’d got.
FF What about my shares in Eircom?
MC Well to my knowledge it’s not possible for you to hold shares in Eircom since the takeover. You’d either have had to take the payout or take Vodafone shares when Valentia took over a few years ago…
FF Right… I’ll have to get that sorted so.
MC … Eh… This is the second such incident with your declaration of interest this year. You also failed to note your stake in Sage Construction but you corrected that with the clerk of the Dáil after the Mail contacted you. I mean, how long exactly did you spend compiling the declaration?
FF Listen… Who am I speaking with?
MC Mark Coughlan, I’m a freelance journalist.
FF Right. Who do you write for Mark?
MC I’m freelance.
FF Right. Listen can you put something in writing?
MC I’ve already done so and your staff said it was put to you. Which address should I send it to now?
FF My Oireachtas one.
MC Right so. Good luckThe StoryWe will now be making a complaint to the Standards in Public Office Commission about the incorrect details on Deputy Fahey’s declaration. He also failed to declare his stake in Sage Construction for the last two years.
Hopefully SIPO can figure out the situation in relation to Deputy Fahey’s claim to hold Eircom shares. I can’t, and it seems he won’t answer my questions to explain.
Its about time this part time politician a man who is not fit for public office is taken to task on his blatant disregard for SIPO and the public who pay his more than generous salary .