Apparently the DUP’s Ian Paisley Jnr faces “financial ruin” over his legal bills.. But perhaps he can have a second career as a property developer? As David Gordon reports in the Belfast Telegraph, the company named as the owner of his Ballymena offices – Sarcon 250 the Ballymena Advice Centre Ltd – has made a profit [£3,857]! Which is odd. Given that Ian Paisley Jnr has previously stated, in relation to the £57,200 p.a. in public funds that he and Ian Paisley Snr claimed as rent
“There is no profit for Sarcon from the rental payments. It goes directly to the bank to furnish the mortgage.”
Adds Great quote elsewhere in the Belfast Telegraph
Ballymena Alderman Sam Hanna took over as sole director of Sarcon 250 in August last year. He is also listed as the landlord firms sole shareholder in newly-published official returns. Asked yesterday about the 2007/08 accounts published last week and their reference to a £3,857 profit, Mr Hanna said: “I havent a clue. I know flip all about it, but its a very poor thing that it wont make a profit if youre in business lines at all.” Stating that he left matters to accountants, Mr Hanna also said: “I know nothing about it, Im only the landlord.”
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