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Martin McGuinness releases bank statements showing Sinn Féin payments

The Sinn Féin candidate has followed Mary Davis and Seán Gallagher in releasing information about his finances.

Martin McGuinness campaigning in Dublin city at the weekend.
Martin McGuinness campaigning in Dublin city at the weekend.
Image: Stephen Kilkenny via LightCurvePhoto.com

MARTIN MCGUINNESS has released bank statements from an account bearing his and his wife’s name at the Bank of Ireland branch on Strand Road, Derry which show that Sinn Féin paid £1,605 into the account in August and September.

A letter from the branch manager Sean Hegarty which accompanies the released statements says that “other than very occasional expense refunds, this appears to be the only funds received into this account on a regular basis”.

The statements date from 31 May 2011 to the end of September, and Sinn Féin’s payments range from £1,515 in April to £1,605 last month. The only expense payment listed is for £500 in May.

According to the statements, there were 24 debited transactions at Asda, three at Musgrave and two at Tesco. Other businesses listed in the debited transactions include Vero Moda, Next London, JJB Sports, Fosters Man and TK Maxx. The figures involved have been marked out of the documents.

McGuinness is the third presidential candidate to release information about his finances and had said he would release them to back up his claims that his political wage is paid to Sinn Féin, from whom he said he received a modest stipend. His salary as the Deputy First Minister of the Northern Ireland Assembly was around £112,000 a year.

On Monday, independent candidate Mary Davis released her P60 statements for the past three years as well as information on the payments she received from her directorship on state and corporate boards over the past ten years.

Those earnings through directors’ fees amounted to over €390,000 in that time, and came on top of her gross pay for her Special Olympics work.

Fellow independent Seán Gallagher followed suit and released information on his board payments yesterday which show he received over €41,000 over the past few years.

See the bank statements and letter released by Martin McGuinness (pdf) >

Read: Seán Gallagher is second candidate to reveal State board payments >

Read: Mary Davis releases full tax filings – and encourages other candidates to follow suit >

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