Tony Spollen: The auditor who shook the system
If Tony Spollen, who died last week, had kept his head down, he would have risen higher and higher within AIB. Instead in 1991, Spollen wrote a memo to his boss warning the bank of a potential Deposit Interest Retention Tax liability of £100m triggering a massive banking scandal.
17th Oct, 2019 - 4 min read
Ireland and the Cryptoqueen: how Irish investors lost millions on a currency scam
Ruja Ignatova was the darling of the cryptocurrency world. Now, both she and billions of investor funds are missing too. Hundreds of Irish investors have been caught, while the perpetrators are alleged to have laundered €300m through Bank of Ireland.
10th Oct, 2019 - 15 min read
Oozing with quality, but out of cash: how a coastal restaurant chain came unstuck
Veteran restaurateur Padraic Hanley carefully built up a group of eateries across fashionable areas of Dublin. Now, it is insolvent and fighting for its future. Just what went wrong?
8th Oct, 2019 - 8 min read
The inside story: Matheson and the making of the Maple 10
The role of blue-chip law firm Matheson in the Maple 10 transaction has never been fully told – until now. Today, The Currency traces the firm’s role in one of the most controversial corporate deals in Irish history.
1st Oct, 2019 - 12 min read
Pursuing paradise: the life and times of Johnny Ronan
He reshaped the Dublin skyline, became a billionaire and then saw Nama seize his empire. Now, Johnny Ronan is back on top. In his first major interview in decades, the developer talks family, fortune, feuds and reveals his vision of Ireland.
25th Sep, 2019 - 41 min read
Trocaire boxes, pub takings and charity funds: the inside story of the security firm that used client money to prop itself up
Senaca was hired to transport and safeguard cash, including donations to Trocaire and the ISPCC. Now, it is bust leaving scores of creditors burned. Documents show the company used client money to prop up its own accounts.