I didn't think anyone could match Fitzpatrick and Drumm for brazen necks but I was wrong.....
Pat Neary, the Financial Regulator who presided over the worst banking crisis in Irish financial history and knew about Seanie Fitz's €129m secret loans, was rewarded for his "good work" with a €630,000 golden handshake and a bullet-proof public service pension of almost €143,000 a year !
I really don't see the difference between what these guys did and what the civil servants/ politicians etc. did. For example the HSE funds the CRC so waste/ excessive pay and pensions etc. in the HSE reduce the size of the pot available for the provision of services in just the same way.I know but Patrick Neary was merely one of the many useless overpaid politicians / senior civil servants who was rewarded by the system in place.
These guys knowingly took charitable donations to fund their overly generous pension scheme when it was in deficit. Did they even consider for a second maybe working longer or cutting benefits like other people are doing? They knew they were taking money that had been donated to help front line services. The fact that the biggest beneficiary was secretary of the two companies and there was overlap on the board just makes it worse.
I really don't see the difference between what these guys did and what the civil servants/ politicians etc. did. For example the HSE funds the CRC so waste/ excessive pay and pensions etc. in the HSE reduce the size of the pot available for the provision of services in just the same way.
All are funded by the public, some just through taxation and some through taxation and donations but it's all out of the pocket of the public.
It's all charity; the only difference is some of it is donated voluntary and some of it is not.
I thought nothing would shock me anymore but this is unreal.....
http://www.rte.ie/news/2013/1211/492113-crc-committee/
The bit that really gets me is this guy is secretary on two companies. He gets one company that raises money from the public to pay €3m to fund a pension scheme in the other company of which he is the biggest beneficiary. They call it a loan but the way it is described sounds like it will never be paid back. You could not make this up!
And then we hear that he is going to retire on a pension of about €120k a year after earning €240k a year!!
At the same as public sector and private sector workers are having their pensions decimated, these guys helped themselves to charitable donations to look after themselves. I didn't think anyone could match Fitzpatrick and Drumm for brazen necks but I was wrong.....
Why is nobody being asked to return their ill-gotten money. It would be interesting to hear their replies
Another scandal to add to my list for when the FF canvassers call to the door over the coming years.
And to think I innocently thought the Troika might rid this country of bad governance and bring us into the 20th century at least
I really don't see the difference between what these guys did and what the civil servants/ politicians etc. did. For example the HSE funds the CRC so waste/ excessive pay and pensions etc. in the HSE reduce the size of the pot available for the provision of services in just the same way.
All are funded by the public, some just through taxation and some through taxation and donations but it's all out of the pocket of the public.
It's all charity; the only difference is some of it is donated voluntary and some of it is not.
Purple, you are normally a voice of reason on here. Can you not see the difference between the taxpayer knowing where his taxes are going, and the misappropriation of charitable donations given in good faith to help sick children?
I would have thought the Gardai should be getting involved here.
Purple, you are normally a voice of reason on here. Can you not see the difference between the taxpayer knowing where his taxes are going, and the misappropriation of charitable donations given in good faith to help sick children?
I would have thought the Gardai should be getting involved here.
The exchequer is by far the biggest contributor to charities in this country, whether it is the CRC or any other organisation that supports and/or provides services to the public.
If a patient of the CRC used to get €1000 worth of services or support but that €1000 is now being spent on wages top-ups or pensions whether that €1000 came from the exchequer or from a private donation it matters not a whit. It’s all the same pot and misspending of that money has the same impact on those who should be receiving the services.
By the same token if that €1000 never made it to the CRC in the first place because of waste etc. in the HSE (or wherever) then the impact on the patient is exactly the same.
The same applies to patients in hospitals, children in schools or homeless people on the street; if money that should be spent on them is wasted for whatever reason, (it doesn’t matter if it’s tax money or charitable donations because it all came from the public, just by different routes, and it doesn’t matter how it’s wasted be it through excessive pay or pensions, top-ups, laziness or inefficiency) the net result is the same; those who should receive help don’t get it.
BTW, maybe I’m churlish but I find Mr. Ross’s sanctimonious tones hard to listen to considering his relationship with Fingers Fingleton
I know the impact on the patient is the same. But people were donating their €10 or €20 every month by direct debit in the belief that it was going directly to help patients of the CRC. Instead, these guys were dipping their hands in to raid these funds. If we were in America, they would be perp walked for us all to see.
I posted a link above from 2011 about the director of Rehab getting €400k a year. None of this is new. It's a disgrace and the fact that they money is coming from donations is new but the fact that money that should be going to serve the stated aim of the charity is going on massive wages isn't new.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?