Thursday 26 April 2018

Dempsey must answer for his quango jobsfest

HOW did Jim Lacey, a controversial banker and Fianna Fail fundraiser, find his way on to the board of the Dublin Docklands Development Authority (DDDA) in 1997?

Let us ask the minister of the day, Fianna Fail's Noel Dempsey.

The same minister appointed Anglo Irish boss Sean FitzPatrick.

It would be interesting to hear from Noel Dempsey on the subject.

Other ministers appointed Fitzpatrick's business partner Lar Bradshaw and his friend Donal O'Connor to the board of the DDDA. All three served as directors of Anglo at various times. No one believes the overlap with Anglo was a coincidence.

We need the ministers of the day to explain what wonderful qualities this quartet possessed to merit such elevation.

Quangos have cost the State dear. FAS was bad. CIE may turn out to be worse, but the DDDA looks like a can of worms, a superquango.

Ministers have gone to ground. Political appointments to quangos in Ireland have allowed semi-states to run amok in a cesspit of waste and extravagance.

We need to know if the DDDA was the downtown office of Anglo Irish Banks or vice versa.

A quick explanation from the relevant ministers about why they appointed this quartet could sort it out.

Sunday Independent

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