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Fine Gael need to get real on white-collar crime - Lynn Boylan

29 July, 2016 - by Senator Lynn Boylan

Lynn Boylan MEP has commented on the sentencing of the three ex-bankers for conspiracy to defraud in the €7.2 billion Anglo Irish Bank case.

Speaking today, Ms Boylan said:

“We welcome the conviction and sentencing of the three individuals in the €7.2 billion Anglo fraud conspiracy case, which is most high profile case arising from the events that led to the bailout.  

“Unfortunately it is all too rare that those who commit white-collar crime are brought to account. White collar crime is not victimless. Ask any of the families who have lost their homes due to the crash.

“The crimes of these men and others walking free led directly to cuts of our hospitals, schools and the forced emigration of hundreds of thousands.

“Fine Gael refuse to take white collar crime seriously. A perfect example of this is their refusal to set up a Commission of Inquiry into the sale of NAMA portfolio Project Eagle.

“We have the laws. What we need is for the government to adequately resource those who enforce these laws so that we can bring more individuals like this to justice.”

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