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Mon 07 Jul 2010Inquiry to be held into INBS loan practices
IRISH NATIONWIDE plans to hire law firm McCann Fitzgerald and accountants Ernst Young to investigate lending policies and practices followed by the building society under the management of former chief Michael Fingleton.
The building society has been asked to develop a legacy plan by the Government. It has effectively been nationalised following the Government’s commitment to inject €2.7 billion into it.
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