Ten years ago, the Wexford TD Mick Wallace revealed how property owned by NAMA in the North was sold off to a US company, Cerberus, for a knockdown price of €1.6 billion.
He said that €8.2 million was given in ‘finder fees’ to key intermediaries. The money was “intended to facilitate payments to deal-makers involved in the sale.”
In other words, people got a payoff for facilitating the knockdown sale.
What did the Irish state do about this serious allegation? Why, set up another Commission of Investigation.
Now more than TEN years later, it still has not reported.
But, wait, the legal eagles have made a fortune. €7.2 million has already been spent on the ‘investigation’.
Who says there is one law for the rich and another for the poor?
When rich people face charges of corruption, they get a tribunal that takes a decade to report.
When young working-class people get charged with minor theft, they are hauled before a District Court and locked up.
What A Corrupt Little Country
