The Tipperary politician behind a huge Irish banking scandal
Irish banks and those at their helm, have never been strangers to controversy. The recent tracker mortgage scandal, Anglo Irish loans debacle and even the now all but forgotten Ansbacher tax evasion affair are all evidence of what can happen when stringent financial regulations aren’t maintained or those charged with leading our financial institutions abuse their positions. What might come a surprise is just how far back such practices date.
John Sadleir, a native of Shronell in Co Tipperary, would become one of the most notable banker of his era for all the wrong reasons. Born in 1813 into a relatively wealthy farming family after attending Clongowes Wood College in Co Kildare, he was apprenticed as a solicitor to his cousin before being called to the bar at the age of 24. He would enj ...