Delayed Nationwide inquiry to finally start

Delayed Nationwide inquiry to finally start

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

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.

The Central Bank...

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