NIB scandal - Bank cheats must be prosecuted

NOBODY will go to jail! The whole country knows this despite the revelation that for years National Irish Bank systematically stole its own customers’ money, cheated the taxman and defrauded the State.

A hard core of 20 former NIB executives, managers and employees are named and shamed in the report of two High Court inspectors.

But Ireland’s nod-and-wink attitude to white collar fraud could well ensure that anybody found guilty of wrongdoing will never see the inside of a prison cell.