Appleby calls for higher fines for white-collar crime
Mr Appleby, who oversaw his office’s long-running investigation into alleged financial irregularities at the former Anglo Irish Bank up to his retirement last August, claimed existing fines for such offences were “too low” to act as a real deterrent.
The former company law watchdog pointed out that most indictable offences for breaches of company legislation attracted a maximum fine of just €12,697.
