Fingleton denies breaching lending rules

Central Bank inquiry into Irish Nationwide's lending hears of 'significant conflict' between former chief Fingleton and senior director Stan Purcell

11th December, 2017
Former Irish Nationwide Building Society chief executive Michael Fingleton failed to halt Central Bank probe. Pic: RollingNews.ie

Michael Fingleton, the former boss of Irish Nationwide (INBS), has denied participating in alleged regulatory breaches at the lender during the Celtic Tiger years.

In an account that conflicts with senior INBS director Stan Purcell, the 79-year-old points to other competent and reliable senior figures in charge of ensuring compliance at the building society.

The first of seven modules is examining the role of the lender's credit committee and whether it properly risk assessed its...

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