Good Old Dermott

[Bluechip]

The Luck of the Irish? A bank owned by Celtic FC's majority shareholder is battling charges of money laundering in the French courts
Rietumu, one of Latvia's largest banks, is facing three French court hearings in May 2020 as it appeals a 2017 prosecution for money laundering in France. The bank's majority shareholder is Irish businessman and Celtic FC owner Dermot Desmond.

If the prosecution succeeds the bank will be held accountable for large scale tax evasion in France, facing a fine of up to €80 million. How did Desmond get embroiled in this case and what does its history tell us about the fight against corruption in the EU's banking sector?

Desmond was originally invited to buy a stake in Rietumu by his associate Michael Bourke, who was that bank's president until 2005. Bourke originally came to Latvia as part of an EU programme to export European banking standards to the East and ready countries for EU membership. He became Rietumu's president after he left the EU programme in 1997.

Latvia's government tried to brand their country as the 'Switzerland of the Baltic' during the nineties. The combination of light touch regulation and proximity to Russia had inevitable consequences: some Latvian bankers formed ties to the Russian mob and intelligence services, who in turn used Latvian banks for money laundering and financing special ops.


Do not know if this has been posted elsewhere on here, admin merge if duplicated.

If not fill your boots Bears. Would they have won so many titles if DD had not backed them.

Financial fair play, sporting integrity etc etc ......

STRIP THE TITLES.

 

[jaws73]

Desmond is a piece of work.

 

[Alex Venters]

Fit & Proper person?

 

[johnto]

“The luck of the Irish” is an ironic saying, given how unlucky they’ve been in history. Somehow it’s now used literally.

 

[Davidmckrangers]

“The luck of the Irish” is an ironic saying, given how unlucky they’ve been in history. Somehow it’s now used literally.

Like the France goal that Henry made with his hand.

 

[Der Berliner]

For some reason, dirt seems to slide off him. Time and time again. Maybe because he's Irish and has some of that gene that makes them friends to all and victimized by anyone, even when they skin your hand.

 

[johnto]

Like the France goal that Henry made with his hand.

They’re still waiting on a rematch

 

[Thasunke Witko]

“The luck of the Irish” is an ironic saying, given how unlucky they’ve been in history. Somehow it’s now used literally.

They were lucky that we took them in, which has now backfired on us spectacularly imo

 

[Vallance]

Dermott, whit's he like, eh ? The jolly craicster that he is. I'm sure it's just a wee over sight in the ledgers.

 

[Davidmckrangers]

They’re still waiting on a rematch

Haha they are some lot they wanted the game replayed because of an honest mistake by the ref.

I don’t like Henry but im proud of him for that.

Also detest the “you’ll never beat the Irish pish”

They are quite a backwards nation.

 

[Div1872]

Hope the prick has to pay up the £80m fine

Then questions need to be asked of the SFA if Desmonds stake in Nonce FC is still acceptable

Unfit and Improper more like but as usual the complicit mhedia say and do nothing about his suitability

 

[MurciaBear]

Ah but the banks a seperate entity

 

[bearspakora]

Let's get this straight. Desmond's criminal bank has already been found guily of money laundering and tax evasion.

Desmond bank fined €80m in laundering case

Rietumu Banka, a Latvian bank in which Dermot Desmond is a 33% shareholder, has been fined €80m by a Paris court for taking part in a vast tax avoidance scheme.

www.thetimes.co.uk

Fit & Proper: Dermot Desmond owns 33% of Latvian Bank reported & fined for Money Laundering and Tax Avoidance

This Intellinews report on April 18 2016 from earlier this year describes a French tax evasion scheme using a Latvian bank called Rietumu as well as, in general, highlighting Latvian bank usage in…

footballtaxhavens.wordpress.com

Where are all the moral guardians of the Scottish media ?

 

[Blueranger45]

you have to wonder how many skeletons Desmond has locked in his vast closet?

nobody has the balls to go and find them though

 

[Alfie Solomons]

Duplicate thread

Mr Desmonds owenership of bank involved in french tax fraud

Apparently the majority shareholder at septic is a large shareholder in a Latvian bank involved in tax fraud.....imagine if it was our Mr King...the timmy tax experts would be jizzing their soiled septic short

www.followfollow.com

 

[Coza]

you have to wonder how many skeletons Desmond has locked in his vast closet?

nobody has the balls to go and find them though

Isn’t the care homes one in Ireland a national scandal over there but unreported over here?

 

[High Society]

Fit & Proper person?

He doesn’t need to be, he’s not a Director he’s only a Shareholder.

 

[RWL12]

He doesn’t need to be, he’s not a Director he’s only a Shareholder.

But is he funding his shares with fraudulent monies? Or does that matter?

Does anyone care where a shareholders money comes from in a business?

 

[bearspakora]

Imagine the headlines today if this was Dave King ? The collective silence from the paid Celtc media says it all.

 

[paintyourwagon]

He looks a wrong un

Type of guy you wouldnt turn your back on

 

[High Society]

But is he funding his shares with fraudulent monies? Or does that matter?

Does anyone care where a shareholders money comes from in a business?

There’s no Fit & Proper test for Shareholders that’s my point

 

[wee bud's pit boots]

Like the France goal that Henry made with his hand.

A five million Euro goal for the irish, that is.

 

[Bluechip]

Sorry admin, could you merge thread?

 

[MO BLUE]

Unfortunately the guy is worth 2bn. We just need to someday have our own billionaire owner or proper fan ownership.

 

[alexg123]

STRIP THE TITTIES !!!

 

[wee bud's pit boots]

He doesn’t need to be, he’s not a Director he’s only a Shareholder.

On a slightly different tangent, who runs the filth, Dermot Desmond or Liewell?

I contend and maintain Liewell runs the club in the absence of, and on behalf of Fritzel.

Any Rangers fan thinking he is a good guy should be certified.

Liewell is at the scumhut to do Fritzel's bidding.

 

[Sutton_Blows_goats]

A man of means and has his fingers in many pies. Also has much more influence than many think.

google won’t turn out much about him for a reason.

are you a rangers supporter mr daly.

 

[immortal7]

A man of means and has his fingers in many pies. Also has much more influence than many think.

google won’t turn out much about him for a reason.

are you a Rangers supporter mr daly.

Big time, DD is a world elite level huckster with serious connections. He makes Murray (and even King) look like the teaboy.

 

[Dumfriesbear]

They’re still waiting on a rematch

No they got a nice wee payment of millions of hush money thanks to corrupt Delaney or was it a loan

 

[Wugs]

Desmond is a piece of work.

 

[bearspakora]

Incredible still the complete media silence on this money laundering and tax evasion scandal involving the main shareholder at that cesspit. Dave King could drop a sweetie wrapper in the street and they'd be all over it.

 

[GallowgateBlue]

Nothing to see here folks.

 

[bearspakora]

Nothing to see here folks.

Dodgy Dermot's criminal bank guilty of money laundering and tax evasion and the Scottish media pretending it hasn't happened. Did any of this money fund that lot down the years ? You'd think they'd be asking questions, a lot of them.

 

[Sutton_Blows_goats]

Dodgy Dermot's criminal bank guilty of money laundering and tax evasion and the Scottish media pretending it hasn't happened. Did any of this money fund that lot down the years ? You'd think they'd be asking questions, a lot of them.

No one is pretending anything, no U.K. or Irish media can mention his name. He spends a lot of money keeping his name out of the press.

 

[wee bud's pit boots]

There’s no Fit & Proper test for Shareholders that’s my point

Your point is rendered meaningless when we realise a past President of the SFA had open business links with one, Jim Torbett.

A Fit and Proper test only applies to anyone considering injecting Rangers FC with cash.

Do keep up bud.

And we should have been all over this from the start.

Damn, there goes that pesky dignified silence again.

 

[Kaiser]

One can only imagine how easy it would be to "entice" the SPFL executive, when you are accused of perpetrating "large scale tax evasion" with potential fines of up to £80m.

 

[bearspakora]

No one is pretending anything, no U.K. or Irish media can mention his name. He spends a lot of money keeping his name out of the press.

Desmond can't prevent the truth of his criminal bank being found guilty of money laundering and tax evasion appearing in Scottish newspapers, mate. That it doesn't appear is because the Scottish media themselves doesn't want it there. There would be a feeding frenzy if we were anyway involved.

 

[justice]

On a slightly different tangent, who runs the filth, Dermot Desmond or Liewell?

I contend and maintain Liewell runs the club in the absence of, and on behalf of Fritzel.

Any Rangers fan thinking he is a good guy should be certified.

Liewell is at the scumhut to do Fritzel's bidding.

who was saying he’s a good guy!?!

 

[IrvineLoyal]

who was saying he’s a good guy!?!

Never seen anyone ever trying to say desmond or Lawwell are good guys on here and never likely to ffs ha

 

[AlfiesBarnet]

Fit & Proper person?

Craig Whyte takes aff the mask, DERMOT ITS YERSEL!

 

[pelem]

A man of integrity made of the finest SPL spunk.

Just like Doncaster and the Japanese.

 

[nemessis]

Let's get this straight. Desmond's criminal bank has already been found guily of money laundering and tax evasion.

Desmond bank fined €80m in laundering case

Rietumu Banka, a Latvian bank in which Dermot Desmond is a 33% shareholder, has been fined €80m by a Paris court for taking part in a vast tax avoidance scheme.

www.thetimes.co.uk

Fit & Proper: Dermot Desmond owns 33% of Latvian Bank reported & fined for Money Laundering and Tax Avoidance

This Intellinews report on April 18 2016 from earlier this year describes a French tax evasion scheme using a Latvian bank called Rietumu as well as, in general, highlighting Latvian bank usage in…

footballtaxhavens.wordpress.com

Where are all the moral guardians of the Scottish media ?

In Desmonds back pocket, he fired a broadshot across the award winning Mark Daly's bows in 2017 and they are all shit scared of Dermott or with him.
Perhaps the SFA might step in ?
Yes of course I'm making a joke.
What's big Shifty's views after all he's chairman of the SPFL ?
Ah I forgot it's his mate as well.

 

[ThePRODigalSon]

They were lucky that we took them in, which has now backfired on us spectacularly imo

Brace yourself cos it’s only going one way

 

[cambridgeblue]

Why would a man require a large ownership of a dodgy bank in a remote jurisdiction with lax oversight ?

Dumb investment or another reason ? Don't worry - our media will never ask.

 

[Mind Your Own]

They were lucky that we took them in, which has now backfired on us spectacularly imo

That is so so fookin true.