Celtic Tiger restaurateur Marcus Sweeney ‘up to his oxters’ in organised crime, court told

That money given by other investors was used for a different purpose meant the property was purchased with crime proceeds, the judge said. One of the investors, an apparent friend of Mr Sweeney’s, was “taken advantage of”, with money she intended to invest redirected, he added.

Mr Sweeney , who ran Il Pomo D’Oro on South William Street before a receiver was appointed in 2007, did not appear in court and was not represented during the hearing. The bureau claimed Mr Sweeney and another named individual accepted in a statement to gardaí that the source of this cash to Evergreen was not as described by the lodgement dockets.

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Defective apartments: State to fund repairs for as many as 100,000 Celtic Tiger-era homes under Cabinet plansCost to the exchequer is estimated to be between €1.5 billion and €2.5 billion Cost to taxpayers! Because dodgy builders collided with corrupt public sector workers. All of whom profited and won’t pay a penny or suffer. How much had the incompetent regulation of Banks and Building / manufacture of concrete products cost the country in total under FFG? 😡😡😡😡
Source: IrishTimes - 🏆 3. / 98 Read more »