Terry Cooney

4 results

KPMG, the special liquidator of Irish Nationwide Building Society, has appointed Eugene F Collins solicitors to carry out an “independent review” of legal advice that it should sue the society’s former directors but not its former auditor – KPMG.
Legal firm named to review KPMG role as INBS auditor

KPMG, the special liquidator of Irish Nationwide Building Society, has appointed Eugene F Collins solicitors to carry out an “(...)

Pearse Doherty of Sinn Féin asked Kieran Wallace and Eamon Richardson whether they had a conflict of interest working for KPMG as both liquidator and former auditor. Photograph: Dara Mac Dónaill/The Irish Times
Irish Nationwide ex-director ‘surprised’ at KPMG response

Former Irish Nationwide Building Society director Terry Cooney has written to the finance, public expenditure and(...)

“We would have to assume that when KPMG took on the job of IBRC special liquidator, it would have been aware of the potential conflict.” Photograph: Bryan O’Brien
‘Chinese walls’ not the best solution for KPMG

Conflicts of interest are a recurring theme in Irish business and, it must be said, of this column. They are, of course, inevitable in a (...)

The Central Bank is understood to be continuing to examine the actions of Michael Fingleton, the Irish Nationwide Building Society’s former managing director.
Central Bank drops actions against two ex-INBS directors

The Central Bank of Ireland has decided not take any action against two former directors of Irish Nationwide, the building society whose collapse cost(...)