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£339 million accounting fraud by an Irish bank Permanent TSB from 1958 to 1993

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  • £339 million accounting fraud by an Irish bank Permanent TSB from 1958 to 1993

    The sting by TSB is similar to the PPI and Libor fixing scandal in UK. The bank has engaged in accounting fraud with the tacit approval of the regulator, Central Bank of Ireland and its auditors, KMPG and PWC. Other government and non-governmental agencies too conspired in the sting


    Central Bank of Ireland knew about the fraud 3 years prior to the conviction. I had complained to the Director of Consumer Affairs William Fagan in Jan 1991. Fagan conspired in the sting by refusing to prosecute. Charles Dickens would be proud that Fagan's character was true to his name


    The swindle ceased 4 days after the conviction and fines on 17 Feb 1993, imposed by District Court Judge Windle following my private prosecution as a common informer.

    Please see YouTube for the modus operandi

    many thanks

    Devrajan
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  • #2
    Re: £339 million accounting fraud by an Irish bank Permanent TSB from 1958 to 1993

    Is there something more to this nearly 24 years later?
    "Family means that no one gets forgotten or left behind"
    (quote from David Ogden Stiers)

    Comment

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