Michael Noonan was also asked about staff shortages within the unit of the Central Bank that supervised the insurance sector. Photograph:  Eric Piermont/AFP/Getty Images

Just more than €1 billion of taxable income was sheltered from tax through the use of various property reliefs, Minister for Finance Michael Noona(...)

The share sale will dilute Denis O’Brien’s holding in Digicel, but the flotation document indicates that he will keep control of the business. Photograph: Dara Mac Dónaill

Businessman Denis O’Brien is to float his mobile phone business Digicel on the New York Stock Exchange in three to four months time, raising hundreds (...)

A Digicel shop in Jamaica: the company’s $6.5 billion total debt is denominated in dollars but its revenues come from local currencies in the Caribbean, Central America and the South Pacific. Photograph: Peter Murtagh

Digicel’s near-300-page IPO registration document includes 29 pages of potential risk factors that could affect the business in the years ahead. Comp(...)

Digicel paid $2 million to Communicorp, a media investment company owned by Mr O’Brien, for office space, printing and telecoms services. Photograph: David Sleator

Digicel has been a major cash cow for Denis O’Brien in recent years, according to the IPO document filed with the Securities and Exchange Commission i(...)

Digicel Chairman Denis O’Brien

Businessman Denis O’Brien’s Digicel mobile phone business is poised to launch on the New York Stock Exchange. The company has filed documents with US (...)

Customers queue outside a branch of Northern Rock in Kingston upon Thames, UK, during a bank run in 2007 sparked during a credit crisis at the time. File photograph: Stefan Rousseau/PA Wire

Central Bank of Ireland governor Patrick Honohan took to the airwaves on November 18th, 2010, to inform the public that Ireland would enter discussion(...)

Central Bank of Ireland chief Patrick Honohan said by September 2008, more than 90 per cent of the costs of the boom and bust had “become unavoidable”. File photograph: Getty Images

We should be used to them by now, but the figures relating to the Irish banking and economic crash still have the power to shock. At the Oireachtas Ba(...)

Central Bank of Ireland governor Patrick Honohan has said it would have been a “mistake” for him to notify the government he was planning to go on nat(...)

Banking Inquiry: Former secretary general, Department of Finance Kevin Cardiff recounted a hilarious Sir Humphrey-type conversation at the time with a colleague from another country. Photograph: Leah Farrell/Photocall Ireland

It turns out that Ireland’s double Eurovision winner Johnny Logan isn’t just popular in Turkey. Kevin Cardiff said yesterday that Logan was also a hit(...)

Philip Smith was paid €635,000 annually as chief executive of the country’s largest insurer. He told the tribunal that since leaving RSA, he had earned just €25,000 in consultancy fees. Photograph: The Irish Times

The Employment Appeals Tribunal was set up under legislation dating from 1967, initially to deal with redundancy payments. It has evolved in the decad(...)