Central Bank 'ignored my warnings' before economic crash - ESRI's FitzGerald

Ireland's Central Bank snubbed warnings from a top figure in the country's leading economic think-tank eight years ago about the dangerous scale of loans to speculators and developers, an inquiry has heard.

Central Bank 'ignored my warnings' before economic crash - ESRI's FitzGerald

Ireland's Central Bank snubbed warnings from a top figure in the country's leading economic think-tank eight years ago about the dangerous scale of loans to speculators and developers, an inquiry has heard.

Around two years before the economic crash, Professor John FitzGerald of the Economic and Social Research Institute (ESRI), said he became aware of "a lot of Irish investors" looking to buy up property in Poland.

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