Former Irish Nationwide manager `shocked` that Fingleton issued `get-out-of-jail card` to borrower
A former senior commercial manager at failed lender Irish Nationwide has told the High Court he was left " absolutely shocked " that Michael Fingleton Sr, referred to as " the boss " at the bank, confirmed an alleged " get-out-of-jail card " to a borrower who could not repay a multi-million euro property Заем.
Конал Регън, който се причисли към банката, откакто господин Фингълтън напусна обществото през април 2009 година, в сряда сподели на Върховния съд, че подсъдимият твърди, че е написал писмо до заемодател, Луис Скали, който е взел назаем съвсем 6 милиона евро за закупуване на земя в Co Meath през октомври 2007 година, потвърждавайки, че сумата, която е отметнала за него debt on a loan is secured by the collateral and cannot be pursued by the lender from the borrower.
The High Court civil case, which is in its third week, against the former Irish Nationwide Building Society (INBS) chief executive and managing director Mr Fingleton alleges that he negligently mismanaged the building so...
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