Monday January 20, 2020

Trust in our institutions won‘t return until individuals are held accountable

Heads don’t necessarily have to roll, but those involved in scandals should have to answer for their actions in public

Ian Guider

Markets Editor

8th December, 2019
Sean Fitzpatrick, chairman of Anglo Irish Bank, pictured in 2008. Picture: Tony O‘Shea

Ten days from now marks the 11th anniversary of Sean FitzPatrick’s resignation as chairman of Anglo Irish Bank. It brought an ignominious end to his career with the bank, which had lasted more than 30 years. Fitzpatrick resigned for not disclosing that prior to Anglo’s financial year-end he temporarily refinanced tens of millions of euros of loans from the bank with borrowings from Irish Nationwide, thereby ensuring that the scale of his borrowings would not...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The election campaign has only just begun, but already there are worrying signs of a Trump-style approach, with plenty of personal attacks and dumbing down

Lucinda Creighton | 1 day ago

Breast screening is fallible, and with potential extra costs due to legal actions, questions about the viability of the programme are invevitable

John Crown | 1 day ago

It may be largely down to luck, but the finance portfolio is in good shape for whoever takes up the mantle

Brian Keegan | 1 day ago