Central Bank spends €300k on security at former Anglo site

The Central Bank has paid a security firm almost €300,000, to date, to secure the site of the ill-fated former Anglo Irish Bank building on Dublin’s North Wall Quay.

The Central Bank purchased the half-completed building, which was due to become Anglo’s next headquarters, but instead became an international symbol for Ireland’s economic collapse, for €8m in November 2012.

Last month, the Central Bank confirmed Walls Construction had secured the €68.7m contract as the main contractor, beating off competition from five other firms, and work has commenced on the scheme.