On Tuesday in the Dáil, Taoiseach Micheál Martin answered a question from Social Democrat TD Catherine Murphy in relation to the tens of billions of euros in Russian money funnelled to Ireland and “what the Government intends to do to close any loopholes and ensure there is no place for dirty money to hide in this country”. In his response, Martin said the Central Bank of Ireland had identified 34 special-purpose entities (SPEs) established in Ireland on behalf of a Russian company. “The total assets of these special purpose entities is approximately €36 billion, largely comprised of loans to Russian…

Read on for just €1

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

Subscribe

Cancel at any time.

Are you already a member? .