Unanswered questions spur IBRC move against Fingleton
Action shows that many of the former executives at the bank may have a case to answer, writes Richard Curran.
The move by IBRC to file a plenary summons in the High Court against Michael Fingleton and five other former directors of the Irish Nationwide Building Society is a stark reminder of the number of unanswered questions about how the society ended up costing the taxpayer €5.4 billion.
The decision to file a summons looks like a holding exercise that would allow IBRC to take an action at some point in the future. But given...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine