Former regulator says Irish politicians ‘mindless’ over IFSC Russian risks
Stefan Gerlach says they do not recognise the risk in €100bn cash influx since 2007
Stefan Gerlach, former deputy governor of the Central Bank. Photograph: Dara Mac Dónaill
Politicians don’t recognise the risks involved in its facilitation of massive influxes of cash to companies such as Russian banks and oil giants, says Stefan Gerlach.