The Central Bank has calculated the Russian exposure of the Irish financial system. While the headline number is huge, it largely represents funds transiting through Dublin from overseas investors – including Russians themselves.
Irish lessors' exposure to Russia comes to an estimated €2.2 billion. If we're stuck with sanctions for a long time, the outlook for the aircraft is not good.
The invasion of Ukraine has triggered fresh economic sanctions against Russian interests. When it comes to moving money around the world, Ireland has become a hub of choice for companies and individuals based in Russia.
Like so many technology multinationals, Airbnb ran intellectual property through US and Irish loopholes to minimise its tax bills over the past decade. After failing to convince the IRS its figures were right, the firm is prepared to go to court.
Ahmad ‘Andy' Khawaja claims he has been targeted for knowing too many secrets. The US authorities say he is central to an alleged $150 million payment processing scheme. This is the story of his Irish money trail.
Having lost a landmark case over a major tax scheme, the Irish tax authority has been told to pay all of the costs of the case. Undeterred, it is now challenging the Berlin bond scheme in the Court of Appeal.
As it pulls out of European banking markets, state-owned Sberbank is also unwinding finance arrangements for dozens of airliners leased to Russian clients out of a business park in Co Kildare.
After an eight-year battle, AIB has set up a €75m fund for investors burned by the Belfry funds scheme. However, the investors are still unsure how much they are due, or whether then can appeal the recompense offer.
Meath-born brothers Des and Brendan O’Farrell have had separate yet overlapping careers. Both have launched diagnostics companies in the US, and both have brought in big investors. Now, they are co-investing in Irish diagnostics firm HiberGene.
The way Colm Casey sees it, the bottleneck in our housing system is risk. Risk is what stops lenders from lending and builders from building. HomeBuyer's Hero is his idea for how to remove risk from the system, and get more houses built.
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