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Irish Central Bank Is Said to Discuss Makhlouf Row After Furor

  • Members are concerned governor could start job on back foot
  • Makhlouf statement seen as key to moving on from controversy
Gabriel Makhlouf
Gabriel MakhloufPhotographer: Vivek Prakash/Bloomberg

Ireland’s central bank commission discussed how to contain any potential fallout from the controversy which engulfed its incoming governor, a person familiar with the matter said.

In June, Gabriel Makhlouf, New Zealand’s top Treasury official at the time, escaped dismissal with a rebuke from authorities for failing to take responsibility for a security breach around sensitive budget information. He was appointed as Ireland’s central bank governor in May, and takes up the role next month.