Ex-INBS director endured ‘a lot of stress’ during liquidation, court hears

Stan Purcell said the action had “consumed” his life

1st May, 2016
Former Irish Nationwide director Stan Purcell

Former Irish Nationwide director Stan Purcell has told the High Court of the immense stress he endured when the liquidators of IBRC sued him for €6 billion as part of an action against the building society’s former directors.

The case, which ended in a confidential settlement last year, alleged the directors of the collapsed building society had failed to properly discharge their duties. While the terms of the deal were private, Purcell claims...

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