which is part of a larger group of broke companies the bank is trying to recoup the losses from
the sheer stupidity of paying that kind of money for land there if it is the palce i am thinking of was crazy. i have always assumed it was land somewhere between the clare in exit and clarecastle and it is a pure bog. only a complete gobsh1te would have paid that kind of money for it
How did it come to this? Am I the only one who thinks we’ll be bartering stuff to each other within the year?
What broke company tries to pay everyone? None that I know, so why should the poor auld taxpayer? Instead of offering them 5 pence in the pound we’re giving them the full pound. FFS surely if Leeds United could burn everyone and spend a few years down the divisions before their inexorable rise back to the Premiership we can do it too? When you burn a forest clearing it’s to foster new growth. BURN EVERYTHING EUROPEAN EXCEPT THEIR COAL.
With the money coming from Quinn Insurance is Sean Quinn now stoney broke?
Or is he just broke in terms of only having €20m instead of €3bn
.
Don’t worry too much about Sean. He’ll be fine I’m sure… He has a well grounded Kinvara women at his side anyway.
I wonder what his thoughts on Fitzpatrick and Drumm are? I’ll never understand his gamble, I assume he got so big he was surrounded by advisers who were glorified gamblers.
Greed was his down fall .
This wont be the last you’ll hear of Quinn either. I imagine he is plotting his comeback already.
its not as bad as that ss. it is very very tough out there to get people to make decisions but there is activity and people are starting to spend a little. the real advantage is that poor tradesmen and chancers are being squeezed very hard now to up their game or get out and people are making clearer choices so if you have quality and a decent service you will survive as long as you keep the costs down as much as possible
This lad has resurfaced
http://www.mayonews…Anews&Itemid=46
The stone structure on the hilltop in Pollagh, Achill on Sunday morning during the construction of the project, based on Stonehenge.
Anglo Avenger’s Achill antics
Mystery surrounds Achill-henge project
Achill
Edwin McGreal
A massive Stonehenge-esque structure has appeared on an Achill hilltop over the weekend. The man behind the clandestine project, the purpose of which remains unclear, is Achill native Joe McNamara, also known as ‘The Anglo Avenger’ after his high-profile protests against Anglo Irish Bank last year.
Reportedly over six months in planning, the enormous circular structure, which is located on commonage land above Pollagh, was erected at great speed but with a high level of precision. A group of men, with McNamara in charge, worked long hours over the weekend on its construction. The projected cost of its manufacture and installation is believed to be in excess of €1 million.
The structure – dubbed Achill-henge – was built without planning permission, a spokesperson for Mayo County Council told The Mayo News. Towering nearly 15 feet from its base, it is 30 metres in diameter and has a circumference of close to 100 metres. Over 30 articulated trucks arrived in Pollagh on Friday from Galway carrying pre-cast concrete, and work began in mid-morning. Mayo County Council has taken the matter to the High Court.
Speculation is rife as to the purpose of the project. There have been some suggestions that it is being built as a tourist attraction. It is not impossible, given Joe McNamara’s history in relation to protests, that the monument could yet prove to be some sort of political statement. McNamara famously drove a cement lorry with the words ‘Toxic Bank’ and ‘Anglo’ painted on its side, to the gates of Leinster House in September 2010.
When questioned by The Mayo News at the Achill site on Sunday morning, Joe McNamara himself declined to comment on anything relating to the project.
With work taking place over the weekend, often in fading light, there was an ‘under the cover of darkness’ feel about the operation. Many locals were confused about what was afoot. There were rumours that an incinerator was being built, such was the cloaked nature of the project. The Mayo News understands that the project was completed in near darkness on Sunday evening, shortly before 6pm.
Court action
A Mayo County Council planning officer arrived on the site on Friday afternoon and asked for work to cease as there was no planning permission for the project. However, work continued and several more visits to the site were made by council planners. Mayo County Council initiated High Court proceedings on Friday and both parties appeared before the court yesterday. The matter has been referred to a High Court sitting expected to take place later this week.
A council spokesman told The Mayo News that ‘the matter is the subject of ongoing enforcement proceedings and will be back before the courts this week’. He would not comment further as, he said, the matter was ‘sub-judice’.
The project is constructed on commonage on a hill in Pollagh looking down on the village and the nearby villages of Keel and Dooagh. McNamara has, reportedly, access to the commonage.
The circular construction is built using precast slabs, which are curved. It would appear that, on close examination of the site, a lot of time and expense has gone into the project.
It is believed that a road is to be built from beside the Achill Head Hotel in Pollagh, which McNamara owns, to the site. Construction access this weekend was via an existing road further down on the road to Dooagh, with a large stretch of the climb being on a rough, bog road.
The Mayo News also understands that the project is based on Stonehenge in more than just appearance. Reportedly the Pollagh version has been built to sync with sunrise on the summer and winter solstices and March and September equinoxes.
It is believed that the sun will rise and shine through the gaps between the ‘stones’ to light up a centre-piece on the site – a centre-piece yet to be built or revealed. What can be seen in the centre is a semi-circular outline for some sort of structure, but what shape or form that will take is unclear. It is believed that it won’t form part of the current development at Achill-henge but may be installed later. However, there is little doubt, on foot of yesterday’s High Court action by Mayo County Council, that it will not be a straightforward matter.
Joe McNamara is a native of Achill Island but has lived in Galway for a number of years. A one-time successful developer, he fell into some financial difficulty in recent years and reportedly owes Anglo Irish Bank €3.5 million.
In his early 40s, McNamara was dubbed ‘The Anglo Avenger’ after a series of protests in 2010. As well as driving the ‘toxic bank’ lorry to the gates of Leinster House, he abandoned the same cement lorry outside Anglo Irish Bank’s offices on Forster Street in Galway and also parked a giant cherry-picker hoist outside the bank’s HQ on St Stephen’s Green.
That is utterly mental
You couldnt make it up when it comes to Joe Mac.
[quote name=‘Kinvara’s Passion’ timestamp=‘1322606594’ post=‘560479’]
You couldnt make it up when it comes to Joe Mac.
[/quote]He owes 3.5 m to Anglo and he has a million to spend on this crock of shit?
Someone needs to lock this cunt up
I assume he had a load of leftover hollowcore slabs from a job that didnt go ahead somewhere…
Though I doubt he owns them, they’d be ‘our’ hollowcore slabs actually.
What is the cunt trying to achieve with this?
How come this utter prick still has a track machine? Surely every penny and asset this cunt has should be in state coffers by now? When is the sheriff going to be asked to move in?
Is he in breach of his previous undertakings to the court, Art? What can be done about this cunt who owes about a euro to every man woman and child in this country.