INM still in the black, but a Pittfall may lie ahead

INM’s surge in profits was overshadowed by the incredible news that its chief executive, Robert Pitt, had turned whistleblower

26th March, 2017
INM chairman Leslie Buckley and chief executive Robert Pitt Pic: Fergal Phillips

It should have been a great week for the management of Independent News & Media. Instead, despite posting a pre-tax profit of €41.8 million, up from €37.4 million the year before, the company’s good news was lost in a blizzard of controversy.

Just as those financial results were coming out, INM confirmed it was cooperating with a request for information by the corporate enforcement watchdog over its aborted takeover of the radio station...

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