McCreevy rejects any blame for property bubble

FORMER Finance Minister Charlie McCreevy has denied his actions contributed in any way to the creation of a construction bubble and the subsequent collapse of the Irish economy.

In his final week as EU Internal Market Commissioner in Brussels, the 60- year-old Fianna Fáil stalwart strongly defended his actions during his seven years in the Department of Finance.

In a wide ranging interview Mr McCreevy also refused to comment in detail on the €controversial €1.6 million property loan he received from Irish Nationwide to buy a luxury apartment in the K Club insisting that claims that the 110% loan was granted without going through the usual stages “has nothing to do with me”.