Money Makes the World Go Round

November 23, 2007 at 2:53 am 4 comments

Here’s one small example of the Fianna Fail money merry-go-round unveiled by the Mahon Tribunal yesterday. It involves a friend asking a friend to do a job for the party, the first friend signing the party cheques with which the second friend will be paid, then the second friend using some of that money to give back to the first friend personally. Naturally, it’s all just coincidence. >>>

  • In 1993 Des Richardson was working for Fianna Fail as chief fundraiser. His friend Bertie Ahern had asked him to do this, and he got paid with Fianna Fail cheques signed by Bertie Ahern.
  • Richardson lodged his money from Fianna Fail into an account called Willdover Ltd. In practical terms, this company did not exist. It was just Des Richardson wearing a different hat.
  • During December 1993, Richardson was one of the two friends of Bertie Ahern who arranged the infamous ‘digout’ of £22,500.
  • Richardson himself wanted to contribute to the digout, but his Willdover account was overdrawn by £8,572.
  • On December 22, 1993, Bertie Ahern signed a Fianna Fail cheque to Willdover for £18,744.
  • On the same day, Richardson lodged this, thus clearing the overdraft on the account, and freeing up money for Richardson to use.
  • Also on the same day, Richardson wrote a cheque for £2,500 to give to Bertie Ahern personally as part of the infamous ‘digout’.
  • However, Richardson made his cheque for Ahern payable to cash, and he falsely recorded it in his accounts as a payment to a Fianna Fail party fundraising event.

Naturally, Richardson has said that the timing of all of this was coincidental, and added that the false recording of accounts was ‘not a hanging offence’.

He also delivered one of my favourite lines of the Tribunal to date:

As you probably know yourself, in 1993, cash was very popular in business.

Entry filed under: Ireland, News, Politics.

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4 Comments Add your own

  • 1. twentymajor  |  November 23, 2007 at 9:48 am

    Chancers, spoofers, liars, cheats. Keep up the good work,

  • 2. National Disgrace  |  November 23, 2007 at 5:13 pm

    It’s no GUBU Twenty, but it could catch on..

  • 3. blankpaige  |  November 23, 2007 at 10:14 pm

    Love it. Particularly the “As you probably know yourself” line. That classic ‘sure weren’t we all at it’ line that smears everyone with complicity.

  • 4. Gavin  |  November 23, 2007 at 10:57 pm

    I’ve been blogging this week’s evidence ad nauseum, and the media seems to be all quiet on it… some of the stuff that came out this week makes Ahern’s story hugely more incredible than before.


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A blog by Michael Nugent

Welcome to my blog about living in the maddest country on earth. Please feel free to leave a comment.

I also write Bionic Bohs, a blog about following Bohemians football club in the 1970s.


November 2007
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Bionic Bohs

As mentioned above, if you like Irish football and/or cultural nostalgia, I also write Bionic Bohs, a blog about following Bohs in the 1970s.

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