The deputy chairman of Davy, Kyran McLaughlin, has issued a statement that does not apologise for his involvement in a transaction that led to Davy being fined a record €4.1 million. In his statement McLaughlin, a significant figure in Irish corporate circles who previously sat on the board of Ryanair, makes no reference to any regret relating to his involvement in the deal which has been criticised by the Central Bank, the finance minister Paschal Donohoe and the National Treasury Management Agency. McLaughlin’s statement says only: “This morning I spoke with the Chairman of J+E Davy to confirm that I…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .