During my research in to Dermot Desmond I have been stunned by some of the hyperbole and venom directed at him by ordinary Irish people.
You see the people of the Irish Republic are angry that the Republic of Ireland has lost any independence it once had to Europe
Like any economic collapse, ordinary people want scapegoats and want others punished for their excesses and contribution to the crisis, whether their reasoning is justified or not,
In the UK, we had Fred Goodwin. In the Republic they have a handful. One of them is Dermot Desmond.
One such example, from politics.ie states “if the likes of Dermot Desmond, Smurfit, Noel Smyth , Denis O’Brien and the rest had been dealt with properly when they were “supporting” the “lifestyles” of Haughey and Lowry etc we would have avoided the Banking and property crisis.”
There are countless others.
During my previous article I gave an overview of Desmond’s involvement in the Moriarty Tribunal, and the Glackin report. At the end of the article I referenced two other public tribunals, the Mahon Tribunal, and the Flood Report. Both reports are the same enquiry relating to the time in Office of Charles Haughey, and a number of allegations with regards to payments to Mr Haughey, and some of his staff.
The Final report of the Mahon Tribunal is not yet published, but is expected to be published today.
It is expected that Fianna Fail supporter Desmond will be referenced once again in the final report.
In the interim report, there are a number of allegations against Desmond in relation to demands for money, from loans. Interest is not expressly mentioned, nor is tax:
As it stands in the interim report, the conflict of statements between Mr Mara and Mr Desmond is unresolved.
That may change in the final report, but it is unlikely.
While this is an ongoing report which started many years ago, and references allegations circa 1990, the news of the tribunal itself has not reached the shores of Scotland. In this global age, where journalists can door step Craig Whyte in Monaco, it seems Scottish Editors don’t read newspapers far closer to home in Dublin.
Of course, I’m led to believe one of Whyte’s residencies in Belgravia has already been door stepped. While the hacks were in the area they could have dropped in on Dermot, who also has a palatial property in the area. If they have, it’s been a very well kept secret.
Perhaps one of the investigative reporters currently sniffing round a non existent side contracts issue at Rangers, will turn their attention to the man many in the Republic have disdain for.
Now with a new clean Government in place, it seems Desmond’s thirst for influence is undiluted
Given the influence of the man at Scotland’s second biggest football club, surely the harem of amateur hacks, and “credible” investigative journalists who have spent so much energy on Rangers in the last few years will be all over this, or Desmond’s questionable business relationship with Dr John Reid?
I won’t hold my breath
Bill.
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