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7 January 2010 Edition

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Fitzpatrick revelations a disgrace

It emerged on Wednesday that former Anglo Irish Bank boss Seán Fitzpatrick has still not been questioned by gardaí or corporate watchdog officials over the concealment of €87m in secret loans.
The revelation comes more than a year after Fitzpatrick admitted that this huge sum of money was transferred to Irish Nationwide bank in an effort to hide the extent of loans to the bank’s directors
This latest revelation in the Anglo Irish Bank scandal is a disgrace.
As Sinn Féin TD Aengus Ó Snodaigh has demanded, Justice Minister Dermot Ahern must now step in and ensure that the case is properly investigated and that Seán Fitzpatrick is thoroughly questioned.
When one contrasts the government’s cave-in to senior civil servants on pay cuts while lower paid public sector workers bear the brunt of cutbacks and its recent crackdown on social welfare fraud with the failure to properly investigate the actions of Seán Fitzpatrick, it is clear where the Government’s priorities lie.
The Government continues to prioritise the privileged over the less well off in Irish society.
Quite clearly the Government has its priorities backwards. It seeks to protect the wealth of the privileged class while targeting the least well-off sections of society to pay for the economic crisis.

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