KeithWalsh

You should enquire how many AGs, civil servants, solicitors, barristers and judges have opined on VAT fraud in our agricultural sector - it was / is ongoing but is apparently not a matter that is in the public interest - all designed by @kpmg to favour “cronies and vested interests”. Millions of euros between time spent & “professional fees” - most definitely a misnomer in these sorry events. And all these individuals are funded by the same taxpayers, who are being defrauded. You gotta try this some time? Reliably informed that @talktoBOI is on notice that debt is being serviced from their customers obtaining proceeds from a fraudulent VAT scheme This is notice that @talktoBOI has loan repayments that are coming from a tax fraud funded, in the end, by the same taxpayers who then pay the professional fees to barristers who claim it doesn’t matter and the salary of a judge who says (in best D4 accent) that this is not in the public interest. All legals will baulk at their integrity being questioned, as indeed Senan Allen did. A bank that is on notice and keeps taking the proceeds of a fraudulent scheme is not in the same position as a lender who simply has a farmer customer @alomohan Taking those repayments, applying them to the loan, and treating the facility as clean credit is dealing with property the bank has been told is tainted. Enquire how that notice of VAT fraud proceeds was handled internally — credit, legal, internal audit and AML — and whether the repayments can still be booked as ordinary debt service. Where / who are the external auditors? Wait! @KPMG_Ireland - the Big4 who designed the scheme back in the day. I wonder when it will own up to it and confirm the motivations. Or will this be another tale for @claudinecassar ? As I have been saying, we are not serious country when Revenue, a pillar bank and Legals & judges work together to whitewash such schemes. @NiamhParker4 Maybe some professional of integrity out in the @kpmg world might see another brewing scandal before the documentary comes out. We live in hope. @kpmgaustralia @KPMGAfrica @KPMG_BE @KPMGBoston @KPMGCH @KPMG_US @kpmguk @KPMG_DE @KPMGIndia @KPMG_Canada @KPMG_Canada @KpmgCareersIrl