Rewarded: Enda Kenny Joins Vulture Fund

national | crime and justice | news report Thursday April 11, 2019 23:47 by pbp - People Before Profit

Press Release - People Before Profit - 11th April 2019

What do Fine Gael politicians do when they retire? Join the corporate elite naturally.

The Dublin, MEP, Brian Hayes has become a well-paid lobbyist for bankers. Now their former leader, Enda Kenny is joining the global advisory council for a vulture fund.

Technocrat for the rich now joins them

Press Release - People Before Profit - 11th April 2019

What do Fine Gael politicians do when they retire? Join the corporate elite naturally.

The Dublin, MEP, Brian Hayes has become a well-paid lobbyist for bankers. Now their former leader, Enda Kenny is joining the global advisory council for a vulture fund.

When he was Taoiseach, Kenny invited vulture funds to Ireland where they bought up €200 billion of Irish distressed debt. His officials showed them Section 110 tax ‘loopholes’ so they got away with paying only €250 in tax on vast profits.

Now he has gone to seek his reward – a well paid position for a vulture fund. Sick.