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Governor of Central Bank Reacts to Anglo Sentencing

98FM
98FM

12:47 30 Apr 2014


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The Central Bank Governor says there is nothing in comments made by Judge Martin Nolan yesterday that heÂ’d disagree with.

Patrick Honohan has been reacting to the sentencing of two former Anglo Irish Bank bosses yesterday.

Willie McAteer and Pat Whelan were found guilty of an illegal loan-for-shares deal back in 2008.

The Judge who was presiding over the sentencing hearing was strongly critical of former Financial Regulator Patrick Neary for failing to give explicit warnings about the legality of the Maple Ten transaction.

Governor Patrick Honohan says he's sure such "regulatory conduct" would not happen today.


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