What do Fine Gael politicians do when they retire? Join the corporate elite naturally.
The Dublin, MEP, Brian Hayes has become a well-paid lobbyist for bankers. Now their former leader, Enda Kenny is joining the global advisory council for a vulture fund.
When he was Taoiseach, Kenny invited vulture funds to Ireland where they bought up €200 billion of Irish distressed debt. His officials showed them Section 110 tax ‘loopholes’ so they got away with paying only €250 in tax on vast profits.
Now he has gone to seek his reward – a well paid position for a vulture fund. Sick.