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    Frank Fahey wasting money



    Well what a suprise....





    Fahey 'wasted public money' on marina for wealthy yachtsmen

    JUNIOR Minister Frank Fahey wasted public money on a €3m marina for "wealthy yachtsmen", the Dail's financial watchdog said last night.


    More than half of the 93 berths at the Caherciveen marina in Kerry were for lease to private yacht owners, and no information was provided on the viability or tourism value of the project.


    The Public Accounts Committee (PAC) found that Mr Fahey, then Marine Minister, had overridden the advice of department officials by sanctioning a grant of €2.54m for the project in 2001.


    "Effectively what we have here is a very large subsidy paid by the taxpayer to people who own yachts. It raises serious questions that have to be answered," Fine Gael TD Michael Noonan said.


    The fast-tracking of funding for the marina meant it got 83pc grant aid, rather than the 50pc allowed under the National Development Plan.


    According to the PAC report, a feasibility study in 2005 found it was in a precarious financial position and was not sustainable in the long run.


    Last night, Mr Fahey said he totally rejected the claim he had acted against the advice of his department officials.


    Speaking at a women's rights summit in New York, he said he disagreed with the civil servants' claims on which the report was based.


    As Marine Minister, Mr Fahey had also approved a €330,312 grant to an adventure training centre in Kenmare in Kerry.


    However, the building was not built in accordance with planning permission and had to be completely demolished.


    According to the PAC report, two further grants were approved for planned marinas in Roundstone, Co Galway and Rosses Point in Co Sligo. Both projects ran into problems and funding has not been provided.


    The PAC report recommended that the minister should factor in the social or public good for funding guidelines. Certificates to show planning permission had been complied with should also be provided.


    The report examined the cost of the flood relief project in Kilkenny city, which escalated from €13m at the design stage to almost €48m four years later. Factors behind the price rise included removal of contaminated material in the River Nore, preservation of significant archaeological material and increased construction costs.


    Mr Noonan said it had been a great project which had provided benefits for the local community and anglers. But he queried the difference between the OPW's original cost estimate and the final cost.


    However, the Office of Public Works said the decision to proceed with the project had been based on an estimated cost of €34.7m, not the earlier figure of €13m.


    The Caherciveen marina was part of a government strategy to attract high-earning French and British yachtsmen to the West Coast of Ireland.


    Speaking last night from New York, Mr Fahey said he stood over his decision to approve grants for the Caherciveen project.


    "The provision of this major infrastructure would not have taken place if it were not for the lead taken by Government. These small coastal communities would have no infrastructure."


    The owner of the Caherciveen marina had informed him that it had been 'hugely successful'. "It has over-capacity and they are looking for an extension."


    He totally rejected the claim by the secretary general of the Department of Communications, Marine and Natural Resources, Brendan Tuohy, that he had overridden the advice of officials.


    This is the latest controversy to engulf Mr Fahey, who had claimed last year there was a politically-inspired smear campaign against him. However, a six-month garda investigation found no evidence of this.


    Michael Brennan

    Excellence is hard to keep quite - Sherrie Coale

    #2
    Isn't he the one who has properties all over the place ?

    Comment


      #3
      Yup also has a lot of questions to answer on tonnage for certain fishing boats.
      Excellence is hard to keep quite - Sherrie Coale

      Comment


        #4
        Looks weak (his excuses).

        Comment


          #5
          Just heard him on Newstalk saying that the Marina got a 75% grant but then they actually found out they should have given 50% as dictated under the NDP.
          The Beatings Will Continue Until Morale Improves

          Comment


            #6


            Fahey also denied he had any financial involvement in a Hairdressers in Moscow, said it was his wife, not him.


            A likely story, Fahey has serious "previous".

            Comment


              #7
              Will probably top the poll in the next election so[img]smileys/confused.gif[/img]
              Excellence is hard to keep quite - Sherrie Coale

              Comment


                #8
                <DIV>Lads we better watch otherwise Bruffian will have to defend hid soldiers of destiny again.</DIV>
                <DIV></DIV>
                <DIV></DIV>
                <DIV></DIV>
                <DIV></DIV>
                The Beatings Will Continue Until Morale Improves

                Comment


                  #9


                  Snigger -


                  Fahey wrote to this Committee citing the remarks ofTrevor Sargent TD in theDail when Sargent referred to Fahey as a dodgy builder and accused him of being able to avoid tax in building up a multi-million € property empire and failing to declare interests in a Moscow hairdressing business. Sargent also maintained that Fahey had given 75% of the total State compensation for fisheries vessels lost at sea to two constituents (of Fahey's) and giving half of Ireland's mackerel quota to one boat, the Atlantic Dawn.


                  Fahey failed to secure the necessary 75% committee vote to censure Sargent and his predictable failure embarrassed and annoyed hisFianna Failcolleagues.

                  Comment

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