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Developer being pursued by Ulster Bank among protest group that halted Allsop auction

A group of protesters forced the cancellation of the distressed property sale at Dublin’s Shelbourne Hotel, after gaining access to the auction room.

A DEVELOPER AND former member of Fianna Fáil’s ard chomhairle was among a group of protesters that forced the cancellation of the Allsop distressed property auction at the Shelbourne Hotel this morning.

Protestors from various groups, including ‘Friends of Banking Ireland” gained access to the auction room shortly after the event began at 9.45am, forcing organisers to halt the proceedings. A number of demonstrators, including developer Jerry Beades, occupied the venue for around an hour, but left after being told gardaí were being called in.

Beades, from Fairview, is currently being pursued by Ulster Bank for €3.5 million arising from alleged unpaid loans. He was most recently before the Commercial Court last month, and is representing himself in the case.

121 properties, including 33 houses and 26 apartments were due to go under the hammer as part of the auction. A statement released on behalf of Allsop said they were forced to cancel the event on account of public safety concerns:

Allsop Space has confirmed that today’s auction has been cancelled due to unforeseen organized protests taking place in the Shelbourne hotel.

Unfortunately, proceedings were cancelled in the interest of public safety of those attending the auction.  Further details will be announced in due course

Jerry Beades spoke to TheJournal.ie as he exited the hotel this morning…

(Youtube: Daragh Brophy)

Read: ‘I didn’t do anything wrong’ – Meath man protests auction of family business

Read: Hotels, pubs and shopping centres up for sale in distressed auction

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    Mute Mongo
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    Jul 9th 2013, 8:52 PM

    Kevin ‘Two’ Weeks…Thats how long after he was arrested he turned into a Rat thus earning the nickname

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    Mute Slagrider
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    Jul 10th 2013, 12:10 AM

    MATT DAMON

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    Mute Denzil
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    Jul 9th 2013, 9:46 PM

    Weeks you RAT !!!

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    Mute Fagan Fagan
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    Jul 9th 2013, 10:52 PM

    The only reason bugler got away with what he did is because he was a federal rat and was kept ahead of the state police the FBI are as much to blame

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    Mute PapaQuebec
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    Jul 9th 2013, 11:05 PM

    Spot on. I read Weeks’ book a couple of months ago. Worth reading!

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    Mute Mongo
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    Jul 9th 2013, 11:29 PM

    Have a read of Eddie Mackenzies and John ‘red’ sheas books too,I havent got around to ‘Hitman’ about Johnny martorona yet

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    Mute Mick
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    Jul 9th 2013, 9:16 PM

    Whitey was a very bold boy.

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    Mute Pauric O Laighin
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    Jul 9th 2013, 7:56 PM

    Three Sinn Féin related stories already.

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    Mute Chief PP In TeePee
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    Jul 9th 2013, 8:05 PM

    Ah would you look, Good old Patrick Lyons

    Patrick in 2012 you asked “Is The Journal obsessed with SF?”

    http://businessetc.thejournal.ie/profile/29795/is-the-journal-obsessed-sf-742586/

    My question to you is… Are you obsessed with SF?

    You really cant handle how everything is panning out can you?

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    Mute Pauric O Laighin
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    Jul 9th 2013, 8:07 PM

    Yes and no.

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    Mute Kieran Casey
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    Jul 9th 2013, 8:42 PM

    I like cake

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    Mute Trevor Mac
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    Jul 9th 2013, 11:36 PM

    Ah yes Cake … http://www.youtube.com/watch?v=HOLYYYsFqcI more important than a bitter twisted troll:)

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    Mute George Tobin
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    Jul 9th 2013, 11:48 PM

    Hahahaha love it!!!

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    Mute Kieran Casey
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    Jul 9th 2013, 11:54 PM

    Haha Trevor Mac……

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    Mute Del Kelly
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    Jul 9th 2013, 10:01 PM

    He looks great for 83!

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    Mute Declan Mannix
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    Jul 10th 2013, 3:55 AM

    He sure does, but even at 83, I’d prefer to share a cell with anyone else.

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    Mute Alan Rothwell
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    Jul 11th 2013, 8:09 AM

    It says he’s 53.

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    Mute Dave Bolger
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    Jul 9th 2013, 9:27 PM

    Poor auld Whitey

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    Mute Denzil
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    Jul 10th 2013, 12:48 AM

    Pat Nee is the man

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