IRA membership trial halted over alleged garda telephone recordings

first_imgNewsIRA membership trial halted over alleged garda telephone recordingsBy Staff Reporter – March 26, 2014 1107 WhatsApp Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday Print Twitter RELATED ARTICLESMORE FROM AUTHOR Andrew CareySign up for the weekly Limerick Post newsletter Sign Up [email protected] Limerick men charged with the alleged membership of an illegal organisation, namely the IRA, have had their trial halted at the Special Criminal Court amid the latest development in the Garda phone recording saga. Following an application for disclosure made before the three judge non jury court, the trial of Thomas McMahon, 32, with an address at Ros Fearna, Murroe and Noel Noonan, 35, of North Claughaun Road, Garryowen was halted as evidence was due outlining that both are alleged members of the IRA, On February 7, 2013, both men were arrested in County Tipperary during an operation where Gardai were investigating dissident republicans.The legal teams for both accused men asked the court for disclosure from An Garda Siochana as to whether or not conversations their clients had with lawyers were recorded. Defence counsels, Isobel Kennedy SC and Anthony Sammon SC, outlined that the accused men had phone conversations with solicitors before garda interviews. Tara Burns SC, prosecution counsel for the State said that Gardai knew nothing, at the time, about what has since emerged. The matter was adjourned until later this week for clarification on whether or not recordings were made. Linkedin Watch the streamed gig for Fergal Nash album launch Facebookcenter_img Advertisement #SaucySoul: Room 58 – ‘Hate To See You Leave’ Celebrating a ground breaking year in music from Limerick TAGSdissident republicansIRAMusic LimerickSpecial Criminal Court Previous articleSpecialist garda unit needed to tackle gun crimeNext articleApology too late as Collins calls for Shatter to step down Staff Reporterhttp://www.limerickpost.ie #HearThis: New music and video from Limerick rapper Strange Boy Email New Music: 40Hurtzlast_img read more

Dutch roundup: PGB, Shell Netherlands, APF

first_imgOver the last five years, PGB – initially the industry-wide pension fund for the printing sector – has taken in more than 10 schemes from other sectors, including the cardboard industry, the wholesale sector for flowers and plants and the maritime fishing industry.The scheme for the rubber and plastics sector also recently joined.PGB reported a return on investments of 4% but saw its net return drop to 1.4% after losses on its currency hedge.It had covered 81% of its currency risk through forward contracts.PGB reported asset management and transaction costs of 0.24% and 0.06%, respectively, and said it had spent €158 per participant on administration.Its coverage ratio stood at 97.5% at the end of June.In other news, Shell’s new individual defined contribution scheme (SNPS) said in its annual report that its sponsor was exploring its options for setting up a general pension fund (APF) for its two company schemes.In 2013, Shell Netherlands closed its €25bn defined benefit scheme SSPF and started SNPS for new workers, which now manages €56m in assets.With its plan, Shell becomes the second company to place its company schemes in an APF.At the moment, Unilever is waiting for a license to operate a general pension funds for its closed DB scheme Progress and its new DC pension fund Forward.Recently, Rob Kragten, director of both Unilever schemes, claimed APF legislation was not geared to transforming company pension funds into general pension funds, which had caused delay in the licensing process. PGB, a €23.5bn ‘multi-sector’ pension fund in the Netherlands, has said it will continue to focus on achieving “controlled growth to benefit participants” despite the lack of clarity on the new pension system.In its 2015 annual report, chairman Ruud Degenhardt said increasing PGB’s scale would allow it to reduce costs and negotiate better contracts with asset managers.Added scale would also increase the scheme’s options for diversifying its investment portfolio.Degenhardt said PGB would not need the new general pension fund (APF) to achieve its goal.last_img read more

Atlantis steps closer to Wyre estuary tidal lease

first_imgAtlantis Resources has signed heads of terms with the Duchy of Lancaster for an option for the long-term lease of the riverbed required to develop the Wyre estuary tidal barrage and flood protection project.The process of obtaining all necessary consents to begin development is expected to take approximately three years, the Edinburgh-based tidal energy developer Atlantis said.Atlantis will now work with the Duchy of Lancaster, the Wyre and Lancashire councils, local stakeholders, BEIS, the supply chain and investors as the lead developer to progress the project.The feasibility studies for the project indicate the optimal installed capacity for the project is 160MW, with forecast production of almost 300 GWh of sustainable energy each year.The project would be mainly located on the Duchy estate between Fleetwood and Knott End on the Lancashire coast.Tenders are expected to be issued early next year and, according to Atlantis,  it has already started discussions with potential development stage investors.Tim Cornelius, CEO of Atlantis, said: “This is the pathfinder project the UK government is looking for, with the potential to facilitate wide-scale development of the UK’s enviable tidal range resources. The development, construction and operation of tidal barrages, a well understood and proven predictable renewable energy technology will stimulate local economies across the country, establishing improved infrastructure and creating job and supply chain opportunities.“Tidal barrages will also provide a good balance for the UK’s renewable portfolio which is currently heavily weighted with intermittent offshore wind.”Graeme Chalk, Duchy Head of Project Management and MD of the Foreshore Survey, said: “The introduction of a tidal barrage between Fleetwood and Knott End could bring great benefits to the local economy as well as cheaper, cleaner energy and we look forward to seeing Atlantis deliver these as the project progresses.”To remind, Atlantis formed partnership with Natural Energy Wyre in February 2017 to develop the 160MW Wyre project, following the launch of its new division Atlantis Energy dedicated to the development of non-tidal stream projects such as tidal lagoon, tidal barrage and offshore wind projects.last_img read more