Reckless bankers will be prosecuted, Lenihan vows

BANKERS whose reckless lending plunged the country into financial crisis will be prosecuted, Finance Minister Brian Lenihan signalled last night.

Stung by accusations that the Government had let bank bosses off the hook, Mr Lenihan insisted that files are being prepared by the gardaí for submission to the DPP in order to bring charges against them.

The news came after Fine Gael energy spokesman Leo Varadkar compared reckless bankers to “subversives” and insisted the Taoiseach must intervene so that the state moved against them as they had done more damage to the economy than the IRA.