Ms Justice Elizabeth Dunne said she was concerned if Mr FitzPatrick was giving the same instructions to both sets of legal representatives.
She was assured by solicitor Michael Staines,�who is representing Mr FitzPatrick in criminal proceedings,�that he was.
Mr Staines told the bankruptcy court it should not proceed with questioning him on a particular issue until the outcome of the criminal case.
He said it was possible the�Director of Public Prosecutions�would also ask the court to adjourn the case.
The application by a court-appointed official to question Mr FitzPatrick in the High Court as part of bankruptcy proceedings had been adjourned to allow statements to be submitted to the court.
In July, the High Court was told the official assignee wanted to examine Mr FitzPatrick about the ownership of a large London office investment property.
Ms Justice Dunne adjourned the matter for two weeks and asked Mr FitzPatrick’s legal team to lodge sworn statements setting out their submissions on the issue of prejudice.
Today she noted that had still not been done.
The former Anglo Irish Bank chairman is estimated to have debts of €150m and assets of €47m.
He was declared bankrupt in July 2010.
Irish bank deposits up 0.7% in August
In July, deposits were falling at an annual rate of 0.8% but last month deposits increased by 0.7% compared to August 2011.
Private sector deposits from outside Ireland grew by €712m during the month.
Even though banks appear to be slowly, repairing their balance sheets this seems to be happening at the expense of any new lending.
The volume of retail sales rose by 0.4% in August compared to July, while there was an annual decrease of 0.6%.
The CSO said what when car sales are excluded, the volume of retail sales rose by 0.1% in August from July, while there was an annual increase of 0.4%.
Breaking down the figures, they show that sales in bars rose by 3.2% in August, while sales of hardware, paints, and glass increased by 2.1%.
The largest decreases were seen in sales of furniture and lighting (3.5%), clothing and footwear (2.3%) and fuel (2.2%).
You would think that after the month NAMA has had, with criticism over its sales processes and transparency, that NAMA would at least let us know what new properties have been added to its list of foreclosed property but no, you will need trawl through each of the 1,328 properties now on its website to identify the new ones. The total of 1,328 properties which represents the foreclosure position at the end of August 2012 is up from the 1,281 at the end of July but you can’t deduce from this that 47 new properties have been added.
You can’t even sort NAMA’s foreclosure list by “date added”
So yet again, despite being NAMA’s most sought-after piece of public information – the first list in July 2011 attracted over 100,000 hits on the NAMA.ie website – we must go through the 1,328 properties line-by-line to identify the changes. NAMA doesn’t even issue a press release any more to indicate when its website has been updated. And NAMA wonders why it is the butt of so much public and professional criticism.
via NAMA Wine Lake.
via NAMA Wine Lake.
A councillor who stood for Labour in the last election claimed at last week’s meeting of Longford County Council that the council had been forced into making cuts because the Government didn’t sell the household charge to the people.
“It’s a coward’s way out to try and make local authorities do all the work,” she said. “I think some of these beg the question as to why they (cuts) weren’t made in the past. If the big cuts have to be made then the people out there have got to know this. It’s using the councils to penalise the people because they (government) didn’t manage to sell this charge.”
She was speaking after councillors heard proposals for cuts in council spending totalling over €300,000.
Head of Finance Barry Lynch told the meeting that the reductions were necessary because of the Government’s decision to shave €330,000 from its Local Authority Grant allocation for the three month July to September period.
This, he said, was largely owing to the council’s ongoing battle in raising the county’s household charge collection rate which presently stands at 59 per cent.
Amomg the reductions earmarked for the chop include €91,500 across the finance, human resources and IT sectors.
A futher €34,000 may be trimmed from the council’s miscellaneous services division, a downsizing that includes cutbacks of €27,000 in coroners fees.
Other areas facing proposed cuts inlcude agriculture (€15,000 reduction), development promotion (€21,400) and environment (€80,000), the latter of which is expected to see €10,000 taken out of the council’s burial ground expenditure.
Equally, recreation and amenity sectors are included as part of the proposed cutbacks. A total of €65,000 is to be taken out of both areas as council chiefs attempt to balance its books. Almost €40,000 is expected to be drawn from contributions made to community and local committess with a further €20,000 coming by way of cuts to the council’s amenity works and library services budget.
Mr Lynch, in making the announcement at last week’s county council meeting, said the changes had been made with a view to avoiding more dramatic decisions affecting its frontline services.
MORE than 10,000 Mayo homeowners face potential legal action after failing to pay the household charge. n July, Mayo County Council had been threatened with cuts of €2.57 million from the Local Government Fund (LGF) if it did not improve collection rates of the charge. At that stage, the collection rate in Mayo was 63 per cent, but county manager Peter Hynes told a special meeting of Mayo County Council that as of yesterday (Monday) the figure now stands at 68.5 per cent. He said that a cut to the LFG would be “catastrophic” and noted that €641,589 was already deducted from the third quarter payment due to the council.
Following meetings with the Department of Environment, Heritage and Local Government and Minister Phil Hogan, the council have been told that if the collection rate reaches 75 to 80 per cent the Local Government Fund will be paid in full.