Rogue bankers should be jailed, says Honohan

FINANCIERS who flouted the law during the banking collapse should face jail terms, Ireland’s top banker has insisted.

However, Central Bank governor Dr Patrick Honohan warned the complexities of the crimes involved could make it difficult to secure convictions.

“People who have committed criminal acts in relation to this thing should go to jail for sure. You don’t to go jail for making mistakes, but you should go to jail for criminal acts,” he said.