AT least, for a change, the Government can’t be blamed for the disappearance of the €5.7 million in a scam that left some people without their life savings.

A junior partner in failed Cork stockbrokers, W&R Morrogh, has pleaded guilty at Dublin Circuit Criminal Court to fraudulently converting almost Stg £17,000.

THE Investor Compensation Company is to take a hit of almost 8 million following the collapse of Cork stockbroking firm W&R Morrogh and the meter is still ticking.

THE trustees of Irish pension funds could be in breach of their fiduciary responsibilities, if they permit the funds they oversee to hold billions of euro in equity investments in electronic form, it emerged last night.

THE collapse of stockbrokers W&R Morrogh is expected to cost the Investor Compensation Fund €5.2 million it has emerged.