Tuesday, March 30, 2010

Northern Ireland’s Blair

Robinson bought 'key land' for £5

Northern Ireland First Minister Peter Robinson, and his wife Iris, bought a valuable bit of land from a developer for just £5, BBC Newsline has learned. The land deal enabled the Robinsons to sell part of their back garden for nearly £460,000. They could now be liable for thousand of pounds in taxes. They sold the land for £5 to a different developer, allowing the deal for their garden to go through. The DUP has accused the BBC of a smear campaign against Mr Robinson.

Posted by luckyjim @ 10:19 PM (1693 views)
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7 thoughts on “Northern Ireland’s Blair

  • gone-to-colombia says:

    This would be what surveyors call a ‘ransom strip’.
    Without it the development land would have no access to the highway.
    Such tiny pieces of land can be worth almost as much as the land it services.
    The price they paid has to be a tiny fraction of it real value. One rule for them…

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  • fallingbuzzard says:

    They will argue that when they sold the value accrued to their garden and not to the ransom strip. The fact that they may have sold the two together doesn’t really matter. The value lay in their garden and not the ransom strip. Their late “friend” who sold them the ransom strip sold it at a massive loss on, or difference to fair value. He’s dead.

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  • It would be interesting to see what the other garden plots went for??? Freedom of information etc.

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  • The neighbouring plot, of similar size, sold for £225k.

    Unlike the garden, the ransom strip would have attracted Capital Gains Tax on the profit.

    The developer who sold it to them for £5 is the same ‘friend’ who gave money to Mrs Robinson’s teenage lover.

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  • mark wadsworth says:

    Sounds like another job that Land-Value-Tax-Man would have sorted out.

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  • Hardly in Blair’s league, though. Remember the 19th March Daily Mail article ‘Blair’s fight to keep his oil cash secret’?

    “Tony Blair (the West’s ‘peace envoy’ to the Middle East) waged an extraordinary two-year battle to keep secret a lucrative deal with a multinational oil giant which has extensive interests in Iraq.
    “The former Prime Minister tried to keep the public in the dark over his dealings with South Korean oil firm UI Energy Corporation.
    Mr Blair – who has made at least £20million since leaving Downing Street in June 2007 – also went to great efforts to keep hidden a £1million deal advising the ruling royal family in Iraq’s neighbour Kuwait.
    “In an unprecedented move, he persuaded the committee which vets the jobs of former ministers to keep details of both deals from the public for 20 months, claiming it was commercially sensitive. The deals emerged yesterday when the Advisory Committee on Business Appointments finally lost patience with Mr Blair and decided to ignore his objections and publish the details”.

    UI Energy is one of the largest investors in Iraq’s oil-rich Kurdistan region. Could it be that a lot of the relevant connections were already in place when the US/UK embarked on military adventurism in Iraq?

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  • it_is_going_with_a_bang says:

    Regardless of what Blair’s intentions were back in 2003, the fact remains he took part in a war in that area of the world.

    To think that he left government and then made a point of making a lot of money in the same area of conflict speaks volumes about the integrity of Tony Blair. Any decent human being would have stayed clear of the area to avoid the conflict of interest.

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