Grandi pagamenti e aumenti del fondo pensione: come le aziende incassano i milioni guadagnati dai servizi ai rifugiati
Big payouts and pension pot top ups – how firms are banking millions earned from refugee services
di sureyouknowurself
Grandi pagamenti e aumenti del fondo pensione: come le aziende incassano i milioni guadagnati dai servizi ai rifugiati
Big payouts and pension pot top ups – how firms are banking millions earned from refugee services
di sureyouknowurself
8 Comments
Remind me why we got rid of direct provision again because this seems worse.
The enterprise economy in action.
Human traffickers, businesses, slumlords and hoteliers are making a bank. Tax payers will foot a bill
Surprise surprise it was capitalism all along!!
Everyone of them a potential tax payer for our illustrious ruling class. Where are the bleeding hearts now that direct provision has ended? Pawns on chessboard.
Now go compete for a seat on a bus, a hospital bed, a job, squash your child into a classroom, we won’t be having these problems in fox rock, in stilorgan there will be no asylum given in terenure, rathgar, ranelagh, dalkey
Daddy owns a fencing company and mammy invested in citywest hotel.
The McEnaney family seem to be doing extraordinarily well out of it all.
From the article:
A Business Post investigation has analysed a selection of firms involved in the provision of emergency services to Ukrainians and Ipas applicants that have published detailed financial accounts in the past year.
Directors at many of the firms analysed by the Business Post are also paying themselves large six- and seven-figure consultancy fees on an annual basis and sending millions of euros in dividends to holding companies they control.
Corduff Jg Enterprises Limited, controlled by Gavin McEnaney, received €6.6 million in state contracts last year.Financial filings by the company, of which Gavin McEnaney is the sole director, show it made a €2.1 million in profit in the same period.
Longfield Ventures Limited
Two other members of the McEnaney family involved in refugee services are John and Gary McEnaney, who are directors of Brother Baghin Limited, Fernboro Limited and Longfield Ventures Limited.
The latter firm earned €4.9 million from the state in 2023 and recorded an after-tax profit of €1.9 million in the period.
Copperwhistle Limited
One specific company linked to the McEnaney family recorded a profit margin of more than 50 per cent in the year that ended August 2023.
Copperwhistle Limited, which lists Cathal McEnaney, Frank McEnaney and Mary McEnaney as directors, made €666,000 from state contracts and a profit of €338,000.
Always follow the money! I suppose we will see the concerned citizens protesting any time now against this rampant corruption and nepotism. Oh wait….
Oh the private market exploiting government shortfalls and incompetence?! Oh what a neoliberal utopia FG have created