Do you remember last year, when I told you about Celia Larkin’s loan?
It was about how Bertie arranged a loan to his girlfriend to buy a house, and the loan was on favourable terms. Very favourable indeed, since it didn’t involve any repayments. The loan came from an account controlled exclusively by himself, but which he claimed was actually a constituency account, and we still don’t know where the money came from in the first place.
Isn’t that a good deal? Isn’t that better than you or I could get?
Sure it is.
But then, the miserable old Tribunal started to ask hard questions, and Bertie had to quickly ensure that the account was seen to belong to Fianna Fáil and not to himself. Shit! The game was up. Poor old Celia, Bertie’s girlfriend, suddenly had to pay the money back to Fianna Fáil after fifteen years of not paying a penny.
Well, good old Bert, decent man that he is, rode to the rescue and lent Celia the money even though they were now split up. Good old Bert. Or so we thought.
But what’s this I see in today’s paper?
Well, according to the Irish Times, Michael Fingleton approved a loan of €40,000 to Ms Larkin on March 4th, 2008 without the standard criteria being fulfilled initially on the loan application. Ms Larkin did not provide documents normally required by customers borrowing such loans when she applied for the money.
The loan was provided to Ms Larkin without showing proof of her income, identification, current account statements or details of other loans she had drawn down. Mr Fingleton personally signed off on the loan and no documentation was received by the lender when Ms Larkin’s loan was approved.
Now why the fuck would he do that? Why would the head of the second most crooked bank in the country =– a bank that has brought you, me and our children to the point of bankruptcy — authorise a highly irregular loan to the prime minister’s girlfriend?
You tell me.
By the way, I know the amount seems small in today’s money, but that’s because it goes back a long way. This was more or less what Bertie took out of the till so that Celia could buy the house many years previously.
Celia paid back the money at yesterday’s prices. Nice.
Wouldn’t it be great to be part of the elite instead of paying full price like the little people that we are, while Bertie’s thieves steal our economy and crawl back under their rocks?
Also on Bock: