Paddy Cosgrave, a weird press conference and €1,000 cash in brown envelopes - News Summed Up

Paddy Cosgrave, a weird press conference and €1,000 cash in brown envelopes


Paddy Cosgrave opened the two brown envelopes, took €500 cash from each, folded the notes in half and slid them into the back pocket of his jeans. It was Wednesday afternoon in a laneway beside a trendy coffee kiosk in the Dublin suburb of Ranelagh, and the Web Summit founder was surrounded by journalists, photographers, yellow-vest activists from the New Land League and some curious passersby. Far from stumbling on some celebrity event, they saw an unorthodox press conference that spanned Irish tax law, Cosgrave’s own tax set-up and a claim by the mop-haired entrepreneur that the EU competition commissioner is investigating certain Irish tax structures. “At EU level, the cat is out of the bag,” said Cosgrave. It was a week that started strangely…


Source: The Times April 20, 2019 23:00 UTC



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