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

Canadian Cinephile

"For me, cinema is a vice. I love it intimately." Fritz Lang

Dispatches from the Asylum

I believe in only one thing and that thing is human liberty ~ H.L. Mencken

Jacolette:

a gallery of Irish snapshot and vernacular photography.

lifesdailylessonsblog

Exploring life lessons though the Arts

Classic for a Reason

Reviews of Classic Films from the Golden Age of Hollywood

Burrello Submarine's Movie Blog

cinema esoterica obscura

Motion Picture Blog

Indie Film Reviews & Classic Film Lists

First Night Design

Art, Design, Theatre, Literature, History, Food, Laughter ...

Paddy Healy's Blog

In defence of Education and the Public Services

shivashishspeaks

ALL U WANNA KNOW

Riding the High Country

Reviews and ramblings

Movies Tavern

Horror e Exploitation, B-Movies & Trash, Rarità e Capolavori. Insomma, ciò che mi piace.

CravenWild

The life and times of a filmmaker: fashion, beauty, books and life.

spearfruit

....................................it's my life

vinnieh

Movie reviews and anything else that comes to mind

renxkyoko's space

Just another WordPress.com site

TheMarckoguy

"TheMarckoguy" is the alternate name for Markus. Markus is a human who reviews stuff.

Tippity Tappin Away in the Coffee Shop

I write a lot, and I wanted a place to share my flash fiction stories.

/ EXPERIENCE OF THINKING / EXPÉRIENCE DE PENSÉE / ESPERIENZA DI PENSIERO /

The world is everything that is the case. --- Ludwig Wittgenstein.

Erin's Movie corner

Frankly my dear, I don't give a damn

Come Here To Me!

Dublin Life & Culture.

Ghost Dog

Notes From the Underground with Pictures

Karmic Reaction Blog

#Arts/#Culture/#History/#Music/#Politics/#Science/#Writing

Product of Half-glass.com

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

Reel Realities

A blog about my love for movies

Silent-ology

Uncovering the silent era

American History-8th Block

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

Champagne for Lunch

"Only on special occasions."

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

%d bloggers like this: