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Galway Bay FM News Archives

Marina guarantors face six figure bill as state pulls project

Bernie Ni Fhlatharta

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Date Published: 20-Apr-2011

A well-known Connemara businessman has asked local people to help him out as he faces possible Court action in relation to a guarantee he provided for a loan for a community based project.

Malachy Kearns who owns the Roundstone Musical Instruments Centre – known internationally for the bodhráns produced there – is among a group of people who guaranteed a loan for preparatory work for the development of a marina in Roundstone Bay.

The Roundstone group were acting in a voluntary capacity and guaranteed the repayment of a loan of over €100,000 in the belief that Government grants would be forthcoming.

They are now stuck with heavy personal bills following confirmation by the Government that it will not give any money for the proposed marina.

The Department for Community, Equality and Gaeltacht Affairs has written to the group telling them that the marina project didn’t have the business potential to warrant grant aid from the State.

The saga in relation to the proposed marina has gone on for a decade and it leaves four people with a financial mess on their hands.

Malachy Kearns read out the contents of a letter from representative for the Allied Irish Bank dated April 13 2011 in which he is asked to repay €25,000 as a result of his personal guarantee for a community loan in Roundstone.

He was asked to give details about his plans to repay the money and was told that any resources which he had in that bank could be used against the outstanding loan. He was also threatened with legal proceeding and possible Court action unless he pays up.

See full story in this week’s Connacht Tribune.

Galway Bay FM News Archives

Appeal for information following Portumna crash

Bernie Ni Fhlatharta

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Date Published: 08-May-2013

Gardai are appealing for witnesses following a single vehicle crash at the Portumna bridge this morning.

The road from Nenagh to Loughrea reopened shortly after 11 this morning following the completion of a technical exam.

Four men were travelling in a van when they hit the Portumna bridge around 6:30 this morning.

Gardaí, ambulance and two units of Portumna fire services rushed to the scene, and one of the men was taken to Portiuncula hospital in Ballinasloe.

He is being treated for head injuries, which have been described by Gardaí as serious.

Anyone with information is asked to contact Portumna Garda station on 09-097-42060

 

 

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Galway Bay FM News Archives

President Higgins among GMIT’s first ever honorary fellowships

Bernie Ni Fhlatharta

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Date Published: 10-May-2013

GMIT is to honour seven outstanding individuals including President Michael D Higgins with Honorary Fellowships at a special ceremony later this month.

It’s the first time in the 40 year history of the Institute the Governing Body of GMIT has decided to award honorary fellowships.

The GMIT Honorary Fellowships will be conferred at the g Hotel in the city this day two weeks Friday 24 May at 2.30pm in front of 200 invited guests.

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Galway Bay FM News Archives

Galway commuters hold their breath as LRC intervenes in bus strike

Bernie Ni Fhlatharta

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Date Published: 13-May-2013

Galway commuters are holding their breath as there has been a potential breakthrough in the Bus Eireann dispute, as both sides have agreed to talks at the Labour Relations Commission.

The LRC intervened this afternoon, on day two of strike action that has seen 95 per cent of bus services disrupted across the country.

The LRC’s Director of Conciliation Services, Kevin Foley, says the National Bus and Rail Union and the company have agreed to meet for mediated talks at 8 this evening.

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