"Getting into hot water is nothing new for the man once tipped to be leader of Fine Gael, but is this latest controversy one that he can shape-shift out of? Ivan Yates has had an uncomfortable week, with fresh details of his undeclared coaching work for Fianna Fáil emerging each day. But if he feels pressure now, he can at least take solace in the fact that it is not in the same league as the spot of bother in which he found himself in 2012."
"It was in March that year that he realised that he couldn't escape his multi-million euro debts. His buccaneering business, Celtic Bookmakers, had gone into receivership, but the banks were looking to claw some of their loans back."
Ivan Yates is facing fresh revelations about undeclared coaching work for Fianna Fáil that emerged over the course of a week. The current controversy has made public details of political coaching undertaken without declaration. Yates previously endured a major financial crisis in 2012 when multi-million euro debts became unavoidable. His business, Celtic Bookmakers, entered receivership while banks sought to recover outstanding loans. The present political revelations are uncomfortable but are presented as less severe than the earlier financial collapse. Yates was once tipped to be leader of Fine Gael, reflecting his prior political prominence.
Read at Independent
Unable to calculate read time
Collection
[
|
...
]