Ask A Broadsheet Reader

at | 11 Replies

Developer Gerry Barrett (top) and the CIE site at Ceannt Station, Galway

G Van Helsing writes:

Are you able to explain how Galway developer Gerry Barrett was selected to develop the CIE site at Ceannt Station, a site of more than 8 acres in the centre of the city?

This is the same Gerry Barrett, NAMA alumnus, who last November was in the high court trying to stop a receiver being appointed to seven of his insolvent companies that owed Deutsche Bank almost 700 million euro.

How can this guy be given one of the biggest developments in the country when his existing companies seem unable to pay their debts? He even has a site that backs onto the CIE land. Nice and Handy!  If this is where failure gets you, why would anyone be bothered with success?

Anyone?

11 thoughts on “Ask A Broadsheet Reader

  1. ollie

    Companies go bust, not people. They get to start again.
    I bet that Barrett is one of those getting 100k plus from Nama in Salary.
    It’s not right, but it’s the Fg way

    Reply
  2. Murtles

    Because we live in a corrupt society where banks, politics and basically anything to do with money are controlled by a top tier of the elite. If you owe the bank €7,000 you will be dragged through the courts where your €7,000 debt will quickly become €47,000 once solicitors get involved. If you owe the bank €700,000,000, slate wiped clean, start over, no questions asked. Welcome to Ireland.

    Reply
  3. dav

    Blushirt apologists defend such corruption
    https://www.fairsociety.ie/what-have-sean-fitzpatrick-and-bernard-mcnamara-got-in-common/
    “Further to the above, the list of directors reads like a who’s who of previous ANGLO IRISH BANK shareholders AND developers:

    1. PAUL COULSON. Shrewsbury Road, Donnybrook, Dublin 4.
    2. CAROL WRIGHT. Anna Livia Streamstown, Malahide, Co. Dublin.
    3. DONAGH BARRY. Percy St, London, England, W1T 2DB.
    4. MICHAEL CARMODY. Georgian Village, Castleknock, Dublin 15.
    5. EUGENE POWER. Springmount Woodcock Hill Road, Meelick, Co Clare.
    6. GARY MCGANN. Cheeryfield Stone House, Donnybrook, Dublin 4.
    7. JEREMIAH O’REILLY. Northbrook Road Ranelagh, Dublin 6.
    8. GERRY BARRETT. Kitty Hall, Edward Square,Co. Galway.
    9. JOHN SISK. The Innovation Centre Unit 8a Queens Road, Belfast.
    10. BERNARD MCNAMARA. Pembroke Road, Dublin 4.
    11. SEAN FITZPATRICK. Whitshed Road, Greystones, Co Wicklow.”

    Reply
    1. Zaccone

      If anyone wants to bring out their inner socialist I’d recommend looking at some of those houses on Google Maps. Some absolute monstrosities there.

      Reply

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