Beleaguered Perry owed more than €100,000 to taxman


Junior  minister John Perry’s position has become increasingly tenuous after it emerged he had tax arrears of €100,000 with the Revenue Commissioners.

Taoiseach Enda Kenny yesterday gave a less than ringing endorsement to the minister and speculation has already begun about his successor as Small Business Minister.

Court documents also reveal Mr Perry told Danske Bank, to whom he owes €2.5m, that he “knew Richie Boucher of Bank of Ireland” during negotiations on his loans.

The documents also show Mr Perry accusing the bank of “a form of bullying” and alluded to the personal consequences of actions by the bank “with his job”.

Mr Kenny said he has spoken with Mr Perry about his financial difficulties this week.

And the Taoiseach has also discussed the matter with Tanaiste Eamon Gilmore as concern within the Coalition over Mr Perry’s position mounts.

However, it is not clear if the Taoiseach or Tanaiste were aware of Mr Perry’s tax arrears – as neither Government leader is commenting.

But Mr Perry told Danske Bank in January 2012 that Bank of Ireland had agreed to give him a 10-year loan to help him address tax arrears of about €100,000, according to Commercial Court documents.

But it is not clear if the minister has since cleared the arrears with Revenue.

Last night, opposition parties called on Mr Perry (pictured) to make a statement on his finances as the reference to tax arrears piled the pressure on the minister.

Mr Perry has six weeks to repay €2.5m after he and and his wife Marie consented to a judgment for that amount against them at the Commercial Court over unpaid loans on Monday.

Mr Kenny said Mr Perry’s case was “indicative” of a number of business people across the country who have got into financial difficulty. I don’t really want to say anymore about John Perry’s particular problem.

“I spoke to him on Sunday and obviously they are working on that for the future,” he said.

Speaking on Mid-West Radio in Mayo, Mr Kenny said Mr Perry was committed to continuing his work as Small Business Minister.

“Obviously he has worked exceptionally hard in terms of his ministry. He’s got a court judgment to deal with here now in respect of the next five or six weeks,” he said.

Mr Gilmore’s spokesman said the Tanaiste reiterated that Mr Perry and his wife should be given the “time and space” to deal with the issues.

He also confirmed the Taoiseach and the Tanaiste had a “brief conversation” on the matter.

Mr Kenny’s spokesman also would not comment on the tax arrears question.

“The Taoiseach is not going to comment on the details of the case as the court proceedings progress,” the spokesman said.

But Fianna Fail finance spokesman Michael McGrath said it would not be acceptable for Mr Perry, as Minister of State for Small Business, to preside over businesses that were not meeting their taxation obligations to the State.

“In my view, on that issue alone, his position is very much called into question,” he said.

Mr Perry also told Danske Bank that AIB had agreed to give him an 11-year loan to pay €125,000 to other creditors and his other lenders had agreed to continue facilities on an interest only basis, minutes of meetings state.

The minutes relate to some of a number of meetings held between Danske and Mr Perry about delays in making repayments on a loan of €2.4m made to him and his wife in October 2011.

It also emerged that when the bank indicated last january that it would seek judgment or appoint a receiver if satisfactory proposals were not provided, Mr Perry expressed shock at the bank’s “aggressive approach”.

Irish Independent

via Beleaguered Perry owed more than €100,000 to taxman – Independent.ie.

Advertisements

About Old Boy

Love the past and the future but live in the present

Posted on July 25, 2013, in Banking, buisiness, Government, Ireland, Local politics and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Come Here To Me!

Dublin Life & Culture.

Ghost Dog

Notes From the Underground with Pictures

karmicreaction.wordpress.com/

Karmic Reaction Blog

Random Crits

An average guy capable of discussing TV & film on a higher level but would rather do it from the couch.

Kate Bowyers Media Adventure

“Love recognizes no barriers. It jumps hurdles, leaps fences, penetrates walls to arrive at its destination full of hope.” — Maya Angelou

The Motion Pictures

Lindsey D.'s ramblings on the moving image!

Reel Realities

A blog about my love for movies

Silent-ology

Uncovering the silent era

The Great Depression

Made by Alyssa Carlton

31 Horror Movies in 31 Days

Celebrating History and Horror Films

Gizmo February

The Literary Explorations of a Bulldog

Year of Horror

One full year of clammy hands and sweaty butt cheeks

Danyeti

Design as understood by Danielle

Bradley's Basement

Tim Bradley's Blog

Save Celluloid

Information on Film Preservation and Restoration

Media coursework

By George Milton

Ciryan

Crazy,Batty

Nitrate Diva

Old Movies. Fresh Takes.

Kid Slender

Let all the children boogie

Gizmo December

The Literary Explorations of a Bulldog

tireakngroupal2media.wordpress.com/

Life is Light,Camera,Action

Gizmo May

The Literary Explorations of a Bulldog

Sly Wit

Random musings on all things cultural/Cultural

The Wonderful World of Cinema

This blog is all about cinema, movies and stars of every decades. It's wonderful!

A Simple Dose of Reality

a girl and her words

Tom's blog

nothing out of the ordinairy here

Views from the Sofa

Sharing News, Reviews and Views on Everything in TV and Movies

crackedrearviewer

Fresh takes on retro pop culture

ジェーン

Janeaneluna

Century Film Project

Celebrating the movies our ancestors loved

Writing Suzanne

Film. Television. Books. Beauty. Words.

ming movie reviews

in about 100 words or less

1001 Film Reviews

Working my way through the 1001 Movies You Must See Before You Die

1000 Films Blog

Two sisters attempt to watch all 1000 films recommended by Edgar Wright in his EVER CHANGING list

Balladeer's Blog

Singing the praises of things that slip through the cultural cracks

Sonia en Route

Photography and travels of Sonia Malysz

%d bloggers like this: