Central Bank to investigate Irish Nationwide bosses
The Central Bank of Ireland’s inquiry into alleged regulatory breaches will focus on four senior figures in Irish Nationwide, the failed building society which received a €5.4 billion bailout.
The four are Michael Fingleton, its former managing director, Stan Purcell, its ex-finance director, Michael Walsh, its former non-executive chairman and Gary McCollum, who oversaw its €4.4 billion British loan book.
All four are understood to have told the Central Bank that they behaved correctly.
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