Saturday August 15, 2020

Property developer files suit against the Central Bank and Ernst & Young

John Morrissey claims both were aware of overcharging

17th April, 2016
John Morrissey claims Anglo Irish Bank overcharged him on interest rates Pic: RollingNews.ie

Property developer John Morrissey has launched legal proceedings against the Central Bank and Ernst & Young in connection with interest overcharging at Anglo Irish Bank.

The entrepreneur claims the Central Bank and Anglo’s auditors were aware of the allegedly fraudulent practice and that it failed to act against it.

In December, the High Court dismissed a case he took against the State, relating to €36 million he had received in loan facilities from...

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