Anglo: Yet again, the Regulator is not called to account

How did the Financial Regulator not stop this €7 billion fraud?

12th June, 2016
Patrick Neary, former Chief Executive of the Irish Financial Services Regulatory Authority Pic:

Being called as a witness in any trial yet alone a criminal one is never a pleasant experience. It is not easy stepping into the box and being grilled by skilled counsel in detail about events that often took place years before.

Luckily for Patrick Neary, the former chief executive of the Financial Regulator, he was not called to give testimony about how €7 billion was passed between two banks under his watch during the...

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