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Denis O'Brien - Communicorp - Injunctions are great when they suit you.
Gerry Mandarin
Posts: 890
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Ireland's media silenced over MP's speech about Denis O'Brien
Injunction prevents newspapers and radio stations from reporting claims made in Ireland’s parliament about media owner’s banking affairs.
Interesting story in the Telegraph about the man behind Communicorp.
Injunction prevents newspapers and radio stations from reporting claims made in Ireland’s parliament about media owner’s banking affairs.
Interesting story in the Telegraph about the man behind Communicorp.
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I understand that Mr O’Brien was enjoying a rate of approximately 1.25% when IBRC could, and arguably should, have been charging 7.5%. Given that we are talking about outstanding sums of upwards of €500 million, the interest rate applied is not an insignificant issue for the public interest.
I wish I could get an interest rate like that!
As Roy Grenslade says, 'Clearly, there are questions to ask about the press freedom implications due to Ireland’s lack of media plurality and diversity.' Obviously not considered a problem here in the UK despite 70% of all radio listening being in the hands of just three media organisations.