Editorial: State must impose stricter penalties on corporate wrongdoers

Regulators and the Gardaí need enhanced powers to tackle financial corruption

25th April, 2021
Editorial: State must impose stricter penalties on corporate wrongdoers
Helen McEntee, the Minister for Justice, last week brought forward a new plan to give increased powers to financial regulators and the Gardaí

It’s now more than a decade since the financial crash brought the Irish economy to its knees. During that time we have seen the collapse of Anglo Irish Bank, Irish Nationwide and all the problems that came with the €67 billion bailout of the Irish banking system. And the tracker mortgage scandal was to follow.

The Anglo bond scandal involving Davy stockbrokers is just the most recent example of financial wrongdoing in this...

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