500 Jailed for Owing Thousands While This Man Owes Eur100m ; Scandal Hitting Cash-Strapped Irish Families

Summary


ALMOST 500 people have been jailed in the past 18 months for not repaying loans.

Yet disgraced former banker Sean FitzPatrick, who failed to meet interest payments of almost EUR400,000 a month on loans of more than EUR100million, is walking the streets.

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Extract


500 Jailed for Owing Thousands While This Man Owes Eur100m ; Scandal Hitting Cash-Strapped Irish Families

The number of people who were locked up last year for failing to pay fines hit 2,520 - almost twice that of the previous year.

And 54 of these were householders who didn't pay their TV licence.

Figures for the first six months of this year showed 186 people were imprisoned for an average period of 20 days for non-payment of debt. The figure for the whole of last year was 276.

This included one debtor who was sent to prison for three mon...

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