Ireland’s Richest CEO Gags Irish Media In Huge Tax Cover-up

Fact checked

Denis O’Brien’s lawyers have had a busy Friday (May 29, 2015) sending letters to several more media outlets (including the Broadsheet.ie, who have bravely refused to cave into his legal threats) regarding his interactions with IBRC (Irish Bank Resolution Corporation).

Denis O’Brien is the CEO of Irish Water and is an Irish Billionaire with Powerful Globalist Friends and a Very Sinister Past.

He is known as ‘Uncle Denis’ to current Irish Prime Minister Enda Kenny and ruling party Fine Gael. O’Brien enjoys incredible political power in Ireland, yet he pays no tax in Ireland as he is a tax exile hiding his money in Malta.

Awarded over priced contracts by the government at the tax payer expense when cheaper contracts were available. (O’Briens GMC SIERRA won the water meter contract even even though the Siemens contract offered was 50 Million euro cheaper)

Proven bribery of a Fine Gael Politician in order to win mobile phone contract (came out at the Moriarty Tribunal)

”In 1995, Denis O’Brien was head of one of six corporations looking for the lucrative second Irish mobile phone operator’s licence. When he was chosen to receive the license, there was major controversy as he was suspected of bribing Fine Gael government TD and Minister for Communications Michael Lowry. The license procurement, which ultimately made O’Brien one of the richest men in Ireland, was proven to be corrupt in an investigation by the Moriarty Tribunal, where it was proven that O’Brien gave substantial sums of money to Fine Gael in order to make friends with people in the party. Denis O’Brien, or persons close to him, subsequently sought to give large amounts of money to Michael Lowry. Michael Lowry, in return, sought to be involved to a greater degree in the licensing process, seeking information about it on a number of occasions and influencing the decision and selection process in Esat’s favour.” (WIKI)

Received 300m Euro debt write off by the state after bank crash.

Denis O’Brien over 40 Irish news papers including many radio stations.

The government and journalist groups have found that O’Brien has too much media power and is using it to forward his corrupt ambitions.

And the list goes on…

BBC News reports:

Ireland’s richest man has used a high court injunction to prevent the country’s media covering details of his personal finances that were mentioned in parliament.

Media mogul Denis O’Brien has a fortune estimated to be around £5bn.

The purchase of one of his companies has been discussed in the Dáil [Irish parliament].

But media have been unable to report that due to an injunction deemed to outweigh parliamentary privilege.

Mr O’Brien has extensive media and telecommunication interests around the world and is the biggest shareholder in Independent News and Media, the company that owns the Belfast Telegraph.

He first began to make serious money when he won the second mobile phone licence in the Republic of Ireland.
Interest

The subsidiary of Siteserv, one of the companies he owns, is currently involved in installing the controversial meters for the highly unpopular water charges in Ireland.

Catherine Murphy, a left-wing independent politician, has obtained details through freedom of information requests about the sale of the company to

Mr O’Brien by the nationalised former Anglo Irish Bank, now the Irish Bank Resolution Corporation or IBRC.

£75m (105m euros) of taxpayers’ money was written-off in that deal.

But Mr O’Brien obtained an injunction stopping Ireland’s national broadcaster RTÉ and other media outlets from reporting on certain details of his personal finances and his relationship with the former Anglo-Irish bank.

On Thursday, Miss Murphy said in the Dáil that there was a significant public interest in Mr O’Brien’s finances.

She added that there are large outstanding sums and that the interest rate he was paying should arguably be much higher.

The Irish media have not been able to report the detail of what Miss Murphy said because the Dáil’s privilege is outweighed by the high court injunction.

But the information is available on the Dáil website and in the media beyond the island of Ireland.

Because of the injunction, the BBC can only report that Mr O’Brien was a major debtor to the former Anglo Irish Bank, and that when his loans had expired he sought the same terms from the bank that had allowed him to pay off his own loans in his own time at low interest rates.

Exile

Late on Friday afternoon, RTÉ said it would be making an application to the high court next week for permission to broadcast Miss Murphy’s statements in the Dáil.

The broadcaster said it had “consistently maintained that greater levels of disclosure is in the public interest; however we have complied fully with the court’s decision”.

Mr O’Brien is a noted philanthropist with an interest in human rights and was involved in bringing the Special Olympics to Ireland in 2003.

But his critics describe him as a tax exile.

They point out that the Moriarty tribunal into suspected corruption found that, in the 1990s, Mr O’Brien received assistance from the then Fine Gael communications minister Michael Lowry in securing a mobile phone licence.

Mr Lowry received large sums from Mr O’Brien in complex financial transactions.

Both men have strongly denied any wrongdoing and no criminal charges were ever brought in relation to the findings.

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