Property investor group to take Financial Regulator to court

A group of property investors and owners is preparing to take legal action against the Financial Regulator for allowing reckless lending by the banks.

Property investor group to take Financial Regulator to court

A group of property investors and owners is preparing to take legal action against the Financial Regulator for allowing reckless lending by the banks.

They will accuse the regulator of negligence towards the Irish people in allowing Irish banks to over-expose themselves to risk of collapse in the run-up to the recession.

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