Friday 27 April 2018

Perry's a victim of economic crash, says Taoiseach

Former junior minister John Perry TD
Former junior minister John Perry TD
Shane Phelan

Shane Phelan

THE Taoiseach has described a former junior minister whose name appeared in Stubbs Gazette as an unfortunate victim of the financial crash.

Enda Kenny made the remarks after former small business minister John Perry and his wife Marie had their names published yesterday in the debtors' listing magazine over a €2.47m judgment they have yet to pay.

Mr Perry, of Carrownanty, Ballymote, Co Sligo, consented to the judgment in July last year. However, Danske Bank only registered it in recent days, a move which allows it to take steps to recover the money, up to and including making Mr Perry bankrupt.

Reacting to the publication, Mr Kenny said: "These things are unfortunate and John, no more than many others, became a victim in part of the economic catastrophe that befell the country.

"Both John and his wife agreed that the issue should be confirmed against them last year."

Mr Perry, pictured, did not respond to a request for comment from the Irish Independent. His solicitor, Paul Tweed, said his client had told him the registration of the debt was part of an agreement the Perrys had with Danske Bank.

He said this agreement was being "concluded to the mutual satisfaction of both parties".

The Sligo-North Leitrim TD secured the Danske Bank loan against a number of properties and businesses he owns in Co Sligo.

Some of these were put on the market earlier this year in a bid to pay down the debt.

Mr Perry was relegated to the backbenches last week after being demoted from his junior ministerial position by Mr Kenny.

He intends to contest the next election. However, this would not be possible if Danske moved to make Mr Perry bankrupt, as bankrupts cannot sit in the Dail.

Irish Independent

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