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Fianna Fail undeclared donation
Read more about: Fianna Fail
From the Irish Times
A €9,330 donation to Fianna Fáil from Renault distributor Glencullen Holdings [Bill Cullen's company] in 2005 was not mentioned in any of the party’s statutory declarations for that year with the Standards in Public Office Commission.
What ever happened to more transparency on political donations?
It is believed, however, that the money may have been used to meet the cost of staging a fund-raising event. Only the profit that the party makes on such an event must be included in its statutory declarations.
This means that there is no obligation on the party to declare publicly certain donations above the statutory threshold of €5,078.95. While the maximum permissible donation in a single year under the Electoral Acts is €6,348.69, the same rule with respect to the profit element of a fund-raising event applies.
A donation from a company above the €6,348 limit does not need to be declared by a party if the entire sum above €5,079 was used to pay the cost of a fundraising activity.
Does that make any sense to any one?
So, whichever donation at the event gets caught, you just say that that was the one used to pay for the event?
It sounds like a “pick me up”. Not a donation officially, but instead a supporter picks up the tab for an event or the like.
Reporting bribes just weren’t in the ‘deals’ that formed the current government.