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CAB raids home of top Limerick bank boss


DCon

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THE CRIMINAL Assets Bureau has raided the home of a former senior bank manager in Limerick, and is now investigating the operations of a major property development company in the city.
It is understood that the former bank manager had his property searched over the Christmas period, while CAB profilers visited the offices of a property firm in Limerick city this Wednesday afternoon.

A computer and a number of files were seized from the home of the bank official, while investigations at the property firm followed a complaint lodged with the gardai and the Revenue Commissioners.
CAB raids home of top Limerick bank boss - Limerick Leader
 


Digout

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It will be interesting to see how long it takes for charges to be pressed. Its taking them forever @ Anglo for some reason.
 

cry freedom

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Another Garda snow job, as if we don't have enough of it at the moment
 

Cassandra Syndrome

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The Neo Feudalists cannot arrest themselves. They can be the planner the developer and the banker all at the same time such as at the DDDA, but the tend not to hand themselves over into themselves for justice.
 

realistic1

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Another joke of a investigation. We all here about the vast sums that CAB confiscates but we here very little headlines when a court orders these confiscated assets to be handed back to their owner. CAB is great for newspaper headlines but nothing else.
 

Abacus

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Another joke of a investigation. We all here about the vast sums that CAB confiscates but we here very little headlines when a court orders these confiscated assets to be handed back to their owner. CAB is great for newspaper headlines but nothing else.
Wonder if you could elaborate on that ?
If what you say is sound based then we need to be better informed about it.
The general perception is quite different.
More, please.
 

realistic1

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Wonder if you could elaborate on that ?
If what you say is sound based then we need to be better informed about it.
The general perception is quite different.
More, please.
As I said CAB is good for the Media, Paul Williams and co like to quote it. The Government wheels it out when there is some big crime epidemic but if you just look at the crime statistics since CAB was created, you can see that it is just another ineffective organisation. If you search the archive of any national newspaper over the years you will see cases were CAB was ordered to hand back assets. I seem to recall Vincent Brown doing a article on the cost of running CAB and it far exceeds what it brings in on confiscated assets.
 

KingKane

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kingkane
As I said CAB is good for the Media, Paul Williams and co like to quote it. The Government wheels it out when there is some big crime epidemic but if you just look at the crime statistics since CAB was created, you can see that it is just another ineffective organisation. If you search the archive of any national newspaper over the years you will see cases were CAB was ordered to hand back assets. I seem to recall Vincent Brown doing a article on the cost of running CAB and it far exceeds what it brings in on confiscated assets.
I very much doubt that, link to the Vin B piece if you can.
 

yehbut_nobut

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If it is the same Noel Harrington named in the earlier article:


THE Dail's biggest property owner is involved in a partnership with the two men at the centre of a multi-million Irish Nationwide Building Society (INBS) loan inquiry.
Fianna Fail TD Frank Fahey owns apartments in the centre of Brussels in partnership with suspended INBS manager Noel Harrington, and Limerick developer Ger Clohessy.
According to documents, obtained by the Sunday Independent from the Belgian Land Registry, the three men are partners in a number of properties in Brussels.
http://www.independent.ie/national-news/fahey-partners-focus-of-probe-by-nationwide-1879541.html
 

yehbut_nobut

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Any ideas why is this not being reported elsewhere?
 

yehbut_nobut

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