Monday 18 December 2017

Spotlight on austerity guru

FORMER International Monetary Fund (IMF) Ireland mission chief Ashoka Mody (right) has again reignited the debate on the merits of austerity.

His name, like his former colleague Ajai Chopra, has become synonymous with Ireland's bailout and indeed the crippling policy of tax hikes and spending cuts that have come with it. But we know little about them.

While Mr Mody was mission chief to Ireland, before our bailout, he suffered a horrific ordeal.

He was shot through the jaw as he was parking his car in the garage of his home in Bethesda, Maryland in 2009.

It was speculated the attacker was a former IMF employee who attacked Mr Mody because police believed he had stymied him from getting a permanent position at the Fund.

Irish Independent

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