Tuesday October 20, 2020

Anglo Irish Bank liquidator presses ahead with €50m EY damages case

Auditors say they stand over their work on Anglo Irish Bank

28th May, 2017

The special liquidator of the former Anglo Irish Bank is pressing ahead with a €50 million damages case against the bank’s former auditors Ernst & Young, now renamed EY, over an alleged failure to uncover alleged “improper” loan transactions.

The case had been halted in 2014 after the Director of Public Prosecutions secured a stay on public hearings of pre-trial matters in the IBRC (formerly Anglo) case against EY until the...

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