Monday April 6, 2020

Fingleton ready for court battle

Former Irish Nationwide chief executive Michael Fingleton and four other former directors face a court date, four years after the €5.4bn collapse, writes Richard Curran.

24th March, 2013
Michael Fingleton in 2011: expected to reject the allegations and defend the action. Photo: Collins

It will be four years next month since Michael Fingleton left Irish Nationwide Building Society. By the time he walked out the door in April 2009, the bomb had been fully primed - a financial bomb that would explode into €5.4 billion of losses for the taxpayer.

It has taken four years of reports, investigations and paperwork for High Court proceedings to be served on Fingleton and four other former directors of the society - former...

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