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CUSTOMS OFFICERS SEIZED 54,000 cigarettes in Fermoy, Co Cork today.
The ‘Bon International’ brand cigarettes have a retail value of €23,000 and represent a potential loss to the Exchequer of €18,300.
They were seized by officers from the Revenue’s Customs Service based in Cork city.
The Revenue said that an Irish male in his 60s was questioned in relation to the seizure and a vehicle which was transporting the cigarettes has been seized.
The Revenue added that if businesses or members of the public have any information regarding the smuggling or sale of illegal cigarettes, they can contact them in confidence on freephone: 1800 295 295.
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This has to stop, and stop now. Don’t get me wrong, I am not averse to people who have been wronged being compensated. However, this has happened too many times in my lifetime. First we paid for PMPA, then we paid for ICI, then we paid for Quinn insurance (pretty sure I’ve missed one out there). In this day and age it cannot be beyond the wit of man to discover who are the beneficial owners of Setanta Insurance. This crap where profits are private and losses are to be recouped from the public has to end. Lobby your TD, it isn’t good enough and never was. Do you want to be treated like fools all your lives? Sieze the assets of these b/tards. It won’t cover the damage completely, but at least there’s some satisfaction in it
So is it just insurance claims that are to be paid? No recompense for people who paid for a policy and were left high and dry?
Paying up front for insurance not a good idea but if you pay monthly they add all sorts of charges (basically interest) which is a rip off as you are essentially receiving the service over a year you shouldn’t be penalised for not paying up front
Paying for anything up front comes with that risk. But by paying for insurance on a monthly basis, it’s not just interest they add, it’s extortion.
If you paid monthly you still had to pay the balance as they borrowed from a third party for you policy
Great news! A lot of small businesses were badly pinched by them
True but still crappy for those who renewed and paid in full for policies just before they went bang.
Like me…. grrrrrrr
So basically we the taxpayer are picking up the tab! Sure why don’t we pick up the tab for every failed business?
No. The MIBI is funded by the insurance companies. If the MIBI has to pay out up to 90 million, that will likely be funded by a levy on motor insurance policies.
i am not sure this benefits customers of Setanta. it is for those people with personal injury claims against Setanta customers.
That’s great news for the people waiting on a settlement. They deserve to finally be paid. The Regulator has to make sure these Mickey Mouse insurers aren’t allowed operate though. Crazy that they can just say sorry bye and leave everyone scratching their heads!
Setanta said previously they only had enough money to cover about 35% (when they reckoned they could get ICF to cover the other 65%) but now that MIBI will cover 100%, presumably the people that were scammed out of their premiums and own damage claims will get their refunds due to them too….. will they fook….!!
Formed in Malta, traded only in Ireland, grabbed the cash, disappeared without trace. You’d have to be some kind ofy corporate finance guru to pull off a stunt like that, like Hobbs or someone.
What about the independent claims investigators who investigated these claims..will they finally be paid the fees they are owed also??
I wouldn’t like to be waiting on a cheque for my invoice, that’s for sure!
In reality, there’s a lot more people out of pocket than just the third party claimants.
I thought insurance companies were supposed to be able to cover the claims. I see another levy for the rest of us great.
does anyone no if mibi will appeal
From the tax payer???
have your say