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Extension granted to IBRC commission report deadline
Updated / Friday, 23 Apr 2021
17:37
The commission, which was established six years ago, now has until the end of October to complete its work
Business Editor
The Taoiseach has agreed to give a further extension to the deadline for the Commission of Investigation into the Irish Bank Resolution Corporation (IBRC) to publish its final draft report.
The commission, which was established six years ago, now has until the end of October to complete its work.
It had been due to furnish its final draft report by the end of April, but sought an extension from Micheál Martin.
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Court told Fingleton cannot defend case after stroke rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Mr Clerkin said his client’s ill health plus the scope and breadth of the proceedings against him are exceptional reasons for the case to be halted.
The complaints against Mr Fingleton include claims he enjoyed “excessive” control over the business of the building society and made several loans of more than €1m without consulting the board, Mr Clerkin said. Eighteen different loans to a variety of different borrowers were referenced, he said.
That claim was “hotly disputed” by Mr Fingleton, who says it is untrue and that the board of the building society was “fully aware” of the loans at issue, Mr Clerkin said.