Central Bank fines and disqualifies former INBS executive Gary McCollum
Only one of five men originally subject to public inquiry remains under investigation
Only one of five men originally subject to public inquiry remains under investigation
Every file examined in review ahead of planned sale of building society ‘had something missing’
Total fees attached to long-running INBS inquiry yet to emerge
Gary McCollum denies having been head of commercial lending with Irish Nationwide
Public hearings into defunct lender resume after Covid-19 delay
Evidence dealing with ‘confidential borrower information’ will be heard in private session
Inquiry into the octogenarian was quietly terminated last Friday due to his ill-health
Former INBS chief will no longer be subject to inquiry due to ill health, regulator says
Michael Fingleton jnr, son of the former managing director, made application
Calls for safeguards from internal auditors over profit-share loans to property developers
Former executive at lender did not respond to attempts to contact him
Building society gave out 100 per cent loans contrary to internal guidelines, inquiry told
Lender suspended repayments on loans given out under Michael Fingleton
Building society’s board had put in no-lending policy in 2008, inquiry told
Latest submission said ex-INBS director will not be able to take part ‘for at least four months’
Panel to decide whether the public hearings, delayed since summer, should continue
Former head of commercial lending barred from senior financial role for 18 years
‘I do not want to hear any more excuses,’ solicitor of KPMG partners told
The three-person panel had planned to restart hearings after the summer
Revealing costs would undermine inquiry and raise privacy issues, regulator argues
Fingleton right-hand man says lender’s former MD was on key committee from 2001
‘I may have glanced at it,’ he says of letter received from financial regulator
Proper information would have been given if he was on credit committee, former MD says
Records list the former managing director as a member
John Stanley Purcell tells inquiry he did not attend credit committee meetings
Committee reviewed applications for large loans and borrowers in arrears
Loans mainly for UK property but included facilities for purchase of luxury hotel in France
Building society broke own regulations in backing millions’ worth of loans in boom
Colm McDonnell ‘surprised’ at relaxed response to negative findings in his report
Former chairman says he tried ‘time and time’ again to get regulator to ‘wake up’
Inquiry told regulator not keen on Fingleton resignation as ex-INBS chief ‘a font of knowledge’
Central Bank inquiry into alleged lending breaches continues
Regulators imposed ‘quite stringent’ requirements at INBS before financial crisis
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