Monday December 16, 2019

Bank Inquiry Week 7

Elaine Byrne Former IMF chief of mission to Ireland Ashoka Mody has really shaken up the government – and the banking inquiry

22nd February, 2015
Dónal Donovan, former IMF official Picture: Photocall

Eleven witnesses in seven weeks. Five professors. Two representatives from the European Commission. Lots of economists. Groundhog day.

The man from the European Commission – Marco Buti – told the banking inquiry that Ireland ignored critical advice in the early 2000s that warned about the economy overheating prior to the banking collapse. The man who used to be in the IMF – Dónal Donovan – said that the IMF failed to notice the glaring economic...

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