Friday 6 December 2019

We are paying for IMF's champagne lifestyle

ONE of the most shocking and largely overlooked revelations to come out of the Dominique Strauss-Kahn affair was the fact that he was paying $3,000 (€2,064) a night for a hotel room.

It might sound funny, except for the fact that this was paid for by the IMF, an international body that represents each country and therefore is financed by each country -- namely us, the citizens.

This puts even our own ex-ministers in -- and excuse the pun -- the halfpenny place. It looks like we are not the only ones with a gravy train, and this might help explain the high interest rate on our own IMF loan.

Surely nobody in public life can justify these sums, and maybe the IMF should look to its own set-up before it preaches to us and the world about financial prudence.

Aidan Hampson
Artane, Co Dublin

Irish Independent

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