Tuesday July 14, 2020

Delayed Nationwide inquiry to finally start

Inquiry begins eight years after state guaranteed toxic loan book; Legal challenge from Fingleton and others delayed start

27th November, 2016

The public will finally be able to attend the Central Bank’s inquiry into the collapse of Irish Nationwide this week – eight years after the state guaranteed its toxic loan book.

The inquiry was established by the Central Bank last year, but it was prevented from starting its work by a series of legal challenges by the society’s former managing director Michael Fingleton and its former finance director John Stanley Purcell.

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