By Maya Lester KC & Michael O’Kane

Irish banks hold €1.48bn of funds frozen by EU sanctions

Ireland’s Minister for Finance, Michael Noonan, has released figures provided by Ireland’s central bank detailing the amount of frozen funds held in Irish banks pursuant to EU sanctions. Money frozen in connection with sanctions on Libya accounts for the vast majority of the total, €1,482,885,723, and funds frozen under the EU’s Iran, Al-Qaida, Syria, Liberia, Burma, North Korea, and Somalia…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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