CBI’s approval of Israel bond prospectus was illegal – Irish lawmaker
Gary Gannon claims bank’s actions misled investors about risks and were in breach of country's Genocide Act
A member of Ireland’s parliament has told Central Banking why he is threatening to take the country’s central bank to court over its role in approving the prospectuses for Israeli government bonds.
Gary Gannon, the member for Dublin Central, tells Central Banking that in approving the prospectuses, the Central Bank of Ireland (CBI) is in breach of its obligations under Irish and European Union law.
“Speaking as a politician, I don’t believe any entity of any state – be that a central bank or any
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