Revealed: Fingleton’s u-turn on Central Bank INBS inquiry
The former Irish Nationwide Building Society chief executive was initially disposed to cooperate with the investigation
Former Irish Nationwide Building Society (INBS) chief executive Michael Fingleton was initially disposed to cooperate with a Central Bank investigation but “dramatically changed position”, the Court of Appeal has heard.
Fingleton has brought a judicial review aimed at halting the inquiry into alleged regulatory breaches at the society in its commercial lending and credit risk management processes between 2004 and 2008.
Specifically, the probe will investigate the loan application and approval process at ...