Follow @PoliticsIE
 
 
 
Page 1 of 2 12 LastLast
Results 1 to 10 of 12

Thread: White-collar crime in Ireland - Track the progress

  1. #1
    Politics.ie Member libertarian-right's Avatar
    Join Date
    Apr 2007
    Location
    Dublin Mid West
    Posts
    2,487
    Mentioned
    0 Post(s)

    Default White-collar crime in Ireland - Track the progress

    Today we have retired financial watchdog Paul Abbleby making calls for tough new laws against white-collar crime ->

    In his first major speech since his retirement in July, Mr Appleby took aim at the "weakness" of a system that has not jailed a single banker since the financial crisis began five years ago.

    The call came as the Financial Regulator Matthew Elderfield admitted that the lack of action was damaging the public's faith in the legal system.

    He said that the chances of heading off the next crisis or scandal were "weakened" as a result.

    Mr Appleby took aim at a system that has not jailed a single banker since the financial crisis began five years ago.
    How far have we come since? Mr Appleby spent three years looking into Anglo and what real progress was made? It is obvious he had no will to make these type of comments while in office.

    Enda told us in 2010 that Anglo charges were 'imminent'.

    Fine Gael leader Enda Kenny has said the Garda file on the Anglo Irish Bank affair recommends to the Director of Public Prosecutions (DPP) that charges be brought against "less than half a dozen" individuals.
    2 years later is not imminent.

    Anglo is well known now as corporate Ireland at its worst. Will half-truths come out in years to come when it is too late? Why did it take so long for the police to raid the Anglo offices? Plenty of evidence could have disappeared before this time, paperwork, hard drives etc. Do we have sufficient whistle-blower legislation for this type of information to be obtained? What further legislation is needed for white-collar crimes?

    What has this government done to try speed this up and future investigations - Why are we so slow at this? Where is the political will to improve and strengthen the laws against white-collar crime?

    Jail rogue bankers, demand finance chiefs - Irish, Business - Independent.ie

    The Irish Times - Thu, Dec 16, 2010 - Kenny says Anglo charges imminent

    Police raid Anglo Irish Bank | Business | guardian.co.uk

  2. #2
    Politics.ie Member
    Join Date
    Nov 2012
    Posts
    104
    Mentioned
    0 Post(s)

    Default

    The government Are a bunch of corrupt avarice liars, The legal system of ireland is rotten to the core, The Fraudulent Bankers Are Still in control Of The Aforementioned... So Why Are none of them locked up? Thats Like Asking The jailers, to jail themselves...
    Last edited by trueman; 12th December 2012 at 09:26 PM.

  3. #3
    Politics.ie Member
    Join Date
    Jan 2007
    Location
    Kildare, but really from Cork
    Posts
    8,084
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by trueman View Post
    The government Are a bunch of corrupt avarice liars, The legal system of ireland is rotten to the cord, The Fraudulent Bankers Are Still in control Of The Aforementioned... So Why Are none of them locked up? Thats Like Asking The jailers, to jail themselves...
    The legal system that Appelby was operating is too old, thats the issue.


    A CAB like emergency legislation is needed.

    I could bore everyone with some details of how things need to be done, but I would get a dose of the mads.

  4. #4
    Politics.ie Member
    Join Date
    Sep 2009
    Posts
    1,157
    Mentioned
    0 Post(s)

    Default

    Why would they go after the same guys who fund them?
    White color crime is alive and well in Ireland and criminals have nothing to worry about.

  5. #5
    Politics.ie Member
    Join Date
    May 2008
    Posts
    4,952
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by libertarian-right View Post
    Today we have retired financial watchdog Paul Abbleby making calls for tough new laws against white-collar crime ->



    How far have we come since? Mr Appleby spent three years looking into Anglo and what real progress was made? It is obvious he had no will to make these type of comments while in office.

    Enda told us in 2010 that Anglo charges were 'imminent'.



    2 years later is not imminent.

    Anglo is well known now as corporate Ireland at its worst. Will half-truths come out in years to come when it is too late? Why did it take so long for the police to raid the Anglo offices? Plenty of evidence could have disappeared before this time, paperwork, hard drives etc. Do we have sufficient whistle-blower legislation for this type of information to be obtained? What further legislation is needed for white-collar crimes?

    What has this government done to try speed this up and future investigations - Why are we so slow at this? Where is the political will to improve and strengthen the laws against white-collar crime?

    Jail rogue bankers, demand finance chiefs - Irish, Business - Independent.ie

    The Irish Times - Thu, Dec 16, 2010 - Kenny says Anglo charges imminent

    Police raid Anglo Irish Bank | Business | guardian.co.uk
    Did it ever occur to you that no crimes (other than loaning money to shareholders) may have been committed?

    Also, just out of curiosity, which jurisdictions have jailed bankers?

    (Note to thickos: Bernie Madoff was not a banker)
    A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.

  6. #6
    Politics.ie Member libertarian-right's Avatar
    Join Date
    Apr 2007
    Location
    Dublin Mid West
    Posts
    2,487
    Mentioned
    0 Post(s)

    Default

    You won't do time for 'white-collar' crime - no laws seem to cover it - Irish, Business - Independent.ie

    Compared to America and Britain, Ireland's regulatory record and prosecution of white -collar crime is weak.


    The Competition Authority has secured 33 convictions against companies and individuals, but the yield has been low: €600,000 in fines and no one sent to jail.
    Definitions need to be built up. Fraud covering insider trading, ponzi schemes, overvalue of securities be it mass markerting / mortgages etc. Mandatory jail time.

  7. #7
    Politics.ie Member stopdoingstuff's Avatar
    Join Date
    Feb 2011
    Location
    east and west
    Posts
    22,736
    Mentioned
    0 Post(s)

    Default

    We don't need new laws- we need to enforce the ones we have. Stealing is illegal, isn't it? Fraud is illegal, isn't it? So go and get them.

  8. #8
    Politics.ie Member
    Join Date
    Jan 2007
    Location
    Kildare, but really from Cork
    Posts
    8,084
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by goosebump View Post
    Did it ever occur to you that no crimes (other than loaning money to shareholders) may have been committed?
    Ah now there is more to it that, falsifying accounts to name one.

  9. #9
    Politics.ie Member
    Join Date
    Jan 2007
    Location
    Kildare, but really from Cork
    Posts
    8,084
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by stopdoingstuff View Post
    We don't need new laws- we need to enforce the ones we have. Stealing is illegal, isn't it? Fraud is illegal, isn't it? So go and get them.
    Some of these laws are Victorian, they have no place in 2012, I have heard this from people investigating.....

  10. #10
    Politics.ie Member
    Join Date
    Jan 2011
    Posts
    2,822
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by libertarian-right View Post
    Today we have retired financial watchdog Paul Abbleby making calls for tough new laws against white-collar crime ->



    How far have we come since? Mr Appleby spent three years looking into Anglo and what real progress was made? It is obvious he had no will to make these type of comments while in office.

    Enda told us in 2010 that Anglo charges were 'imminent'.



    2 years later is not imminent.

    Anglo is well known now as corporate Ireland at its worst. Will half-truths come out in years to come when it is too late? Why did it take so long for the police to raid the Anglo offices? Plenty of evidence could have disappeared before this time, paperwork, hard drives etc. Do we have sufficient whistle-blower legislation for this type of information to be obtained? What further legislation is needed for white-collar crimes?

    What has this government done to try speed this up and future investigations - Why are we so slow at this? Where is the political will to improve and strengthen the laws against white-collar crime?

    Jail rogue bankers, demand finance chiefs - Irish, Business - Independent.ie

    The Irish Times - Thu, Dec 16, 2010 - Kenny says Anglo charges imminent

    Police raid Anglo Irish Bank | Business | guardian.co.uk
    Isn't he a marvellous fella altogether. Pity he didn't talk and act so tough when he had the power to do so. I assume he only found his voice now having been busy spending his time since retriement counting the taxpayer sponsored bag of swag he collected as he dissappeared out the door. As they say in various parts of Mullahoran, 'wind and pi** like the bishop's cat@.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •