Professional and legal fees related to the special liquidation of IBRC — the Anglo Irish Bancorp and Irish Nationwide holding group — have reached over €214.5m.

Transparency International, the influential watchdog for public and corporate governance, has added fuel to the political row surrounding the Irish Bank Resolution Corporation by calling on the Government to scrap its current investigation, claiming the conflicts of interest are so glaring as to undermine Ireland’s reputation abroad.

THE austerity policies first inflicted by Fianna Fáil, and now continued by Fine Gael, Labour, and the EU-IMF troika, have been a disaster for ordinary citizens and the economy.