My crime was that I obeyed the law. There is no going back.
In 2007 I resigned from my position as Risk Manager of UniCredit Bank in Ireland.
In November 2016, I was invited by Irish MEP Luke Flanagan to attend a GUE/NGL gathering titled "Whistleblower protection: What must be done?"
During my talk, I refer to a booklet I have written in which I tell my story, quote from the regulation, and put my story within the context of the dysfunctional banking industry and its accomplices at so-called Regulators.
IT WAS ME, I DID IT!
In 2007 Jonathan Sugarman walked into the Irish Regulator’s office, told him: ‘I’ve been breaking your most serious banking law; signing off on billions that don’t exist, on statements verifying my employer bank is sound when in fact it dices with disaster, breaks liquidity requirements by multiples; here, the evidence.’
For this, he has paid a high price. This is his story.