High legal burden to prosecute individual bankers

Finding individual bankers guilty of reckless lending could be too cumbersome to prosecute with new laws, legal experts have said.

High legal burden to prosecute individual bankers
Tue, 26 Feb, 2019 - 18:03
Pádraig Hoare

Finding individual bankers guilty of reckless lending could be too cumbersome to prosecute with new laws, legal experts have said.

Members at the Law Reform Commission (LRC), led by Justice Mary Laffoy, told the Oireachtas Finance Committee that tackling "egregiously reckless risk-taking" remains problematic.

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