Tag Archives: €2 million in debt
Brady hits out at Ministers for ‘passing buck’ as Arklow fisherman flounders in debt
The criticism by the Wicklow TD addresses the failure of both Ministers to take leadership with “neither prepared to do the decent thing and deal with the issue” that has seen Mr Gaffney lose his fishing boat and license and wrack up debts of more than €1million. “What we have witnessed is a case of ‘passing the buck’ between government departments, as they work to avoid taking responsibility for the matter,” said Mr Brady. Explaining his current situation, Mr Gaffney said: “I have no life anymore. Every week there is costs, and every week is like a knife cut. >click to read< 08:50
I’m facing a ‘life sentence’ of debt because I was sold a ‘defective’ trawler
A former fisherman has told how he’s been handed “a life sentence” after he was left €2 million in debt when he was sold a trawler, which he claims was defective. CJ Gaffney, from Arklow, Co Wicklow, bought the Mary Kate WD30 in Germany in 2009 and at the time the vessel was deemed safe by German authorities, who had stamped its EU papers. But when the boat almost capsized on two occasions with four crew on board, nearly 20 tonnes of steel was discovered when they carried out their own independent safety checks. He claims this extra weight made the 24m boat completely unstable and too dangerous for the water. >click to read< 08:18
