The state will seek to have the former Anglo Irish Bank's €50 million court action against Ernst & Young deferred pending the outcome of criminal proceedings against the bank's former chairman, Sean FitzPatrick.
The Irish Bank Resolution Corporation (IBRC) is suing Ernst & Young, Anglo's former auditor, over its alleged failure to uncover the repeated transfer of loans taken out by FitzPatrick to Irish Nationwide ahead of Anglo's financial year end.
However, following FitzPatrick's arrest...
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