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A drop in the ocean

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  • Registered Users Posts: 81,220 ✭✭✭✭biko


    Snip from the article
    Former Anglo chair Sean Fitzpatrick fined €25k and expelled from Chartered Accountants Ireland

    THE FORMER CHAIRPERSON of Anglo Irish Bank Sean Fitzpatrick has been expelled from being a member of Chartered Accountants Ireland and has accepted not to make an application to be reinstated.


  • Registered Users Posts: 40,467 ✭✭✭✭ohnonotgmail



    It was a disciplinary committee of the body that oversees accountants in this country. It would be quite unusual for them to impose a custodial sentence.


  • Registered Users Posts: 11,789 ✭✭✭✭BattleCorp


    It was a disciplinary committee of the body that oversees accountants in this country. It would be quite unusual for them to impose a custodial sentence.

    I would have thought it would be absolutely impossible for Chartered Accountants Ireland to impose a custodial sentence. Surely only the courts can impose a custodial sentence.

    I'm also curious if Seany will have to pay the €25k fine? I reckon it would be next to impossible to get the dosh off him if he was inclined not to pay it.


  • Registered Users Posts: 40,467 ✭✭✭✭ohnonotgmail


    BattleCorp wrote: »
    I would have thought it would be absolutely impossible for Chartered Accountants Ireland to impose a custodial sentence. Surely only the courts can impose a custodial sentence.

    I think you need to recalibrate your sarcasm meter.


  • Registered Users Posts: 11,789 ✭✭✭✭BattleCorp


    I think you need to recalibrate your sarcasm meter.

    Forgive me. It's a Monday and my brain is fried doing spreadsheets. :o


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