Category: Anglo Irish

[posted to thestory.ie] Readers will be aware that Anglo Irish Bank was nationalised in January 2009. This came after the bank guarantee scheme of September/October 2009. Anglo became a prescribed body under the Ethics in Public Office Act last summer, which was expanded through a statutory instrument in February 2010 to cover many subsidiaries of…

[Cross posted to thestory.ie] I was interested in some FOI work that Deputy Joan Burton had been doing lately on Anglo Irish Bank, so I contacted her and asked for any documents or refusals she had received. She was kind enough to copy everything and post them down to me. I have now scanned and…

[cross posted to thestory.ie] The Independent leads tomorrow with a story about €100m in outstanding loans on which former Anglo Irish Bank chairman Sean FitzPatrick is apparently not paying interest. That’s an interest bill of €400,000 a month, but no repayments are being made. This actually partly relates to my story the other day about…

The first in a multipart series looking at the companies and subsidiaries of Anglo Irish Bank, now a State-owned entity. Happily the series almost coincides with the first anniversary of the bank guarantee announcement. Onto the details: First up is Anglo-Irish Bank (Nominees) Ltd. Second a definition: A nominee company is a company formed by…

For two weeks now I’ve been trawling the companies wholly owned, or party owned, by Anglo Irish Bank. It’s tough going. I plan to tabulate all the information so people can see just what was nationalised, and just what we now own. I’ve already found some curious connections, curious companies, and some newsworthy items. Shall…

Via the Sunday Times business section: 1. Gerry Gannon, owner of the k-club. (Profile) 2. Joe O’Reilly, developer. 3. Seamus Ross, developer. (Profile) 4. Jerry Conlan, healthcare. (Profile) 5. John McCabe, builder. (Website) 6. Patrick Kearney, developer. (Not sure which P Kearney this is) 7. Paddy McKillen, investor. (SBP profile) 8. Brian O’Farrell, developer and…

One of the Anglo 10 is signing assets over to his wife, according to the Irish Mail on Sunday. I did a backgrounder on Mr Gannon here. LEADING developer Gerry Gannon is transferring properties worth tens of millions of euro, including an entire lake and foreshore, into his wife’s name. The surprise move – initiated…

The Sindo has named a fifth member of the Anglo 10, along with the four already in the public domain. Mr McKillen is the man behind the successful Jervis Shopping Centre in Dublin and is a member of the consortium that recently mothballed the proposed U2 tower in Dublin docklands. So now we have: Paddy…

Maybe someone out there can lend a hand. I was re-reading the Moriarty Report and came across this: The genesis of Guinness Mahon Cayman Trust Limited, and how it became a bank in its own right, has already been referred to. In 1984 it was sold by Guinness & Mahon (Ireland) Limited to Guinness Mahon…