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Galway Tent
Posted on 23 Oct 2009 2:37 pm

"Accounting standards state that valuation methodologies must be fair, true and consistent from one year to the next."

2008 Accounts: It is not credibile that DDDA did not have a fair valuation snapshot as required for IGB-Ringsend on December 30, 2008.

Any future changes can be reflected in the future accounts for Dec 30, 2009. (Daily publication is not forbidden).

Is DDDA acting to fool the public and is this consistent with fraud?

Is DDDA adopting Anglo-Irish Bank and FAS best practice in governance?

If operating in New York under SEC rules would the DDDA directors be arrested?


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