Saturday 21 October 2017

Revealed: TD's pad near Turin royal palace

Fionnan Sheahan Political Editor

TAX cheat Mick Wallace can't afford to pay his company's VAT, but he still has a pad in Italy.

Mr Wallace continues to own an apartment in the city of Turin -- the home town of Italian football giants Juventus.

The Independent TD has been travelling over and back to Italy since World Cup 1990, when his love affair with the country began.

The fourth-floor apartment is on the tree-lined Corso Regina Margherita in Turin city centre, not far from the picturesque River Po and the imposing Royal Palace of Turin.

According to Italian land registry documents, the apartment has four rooms, not counting the kitchen and bathroom. The building is located near a large park.

The documents show the apartment was registered in his name in January 2006.

Mr Wallace also bought a vineyard in Italy, which his brother, Joseph Wallace, now owns after the property developer transferred it to him as he owed money to his building supplies firm.

The vineyard is in the Piedmont region in the north of Italy. The villa was registered in Joseph Wallace's name in June 2009.

Mr Wallace has been travelling regularly to Italy and set up a small building company in the country. He has also brought his Wexford Youths football team over to the country for training.

Mr Wallace has modelled his 'Enoteca' restaurants on Italian cuisine and decor, as he says he loves Italy.

"I love their football for a start," he told 'Business and Finance' magazine in an interview. "I like the people, their passion, and it's the best place in the world to eat."

Irish Independent

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