Fingleton yet to repay €1m to Irish Nationwide

FORMER Irish Nationwide Building Society (INBS) chief executive Michael Fingleton has failed to hand back the €1 million bonus awarded to him last year as part of his 2008 salary package.

Sources close to the society confirmed last night the money has still not been returned following disclosures earlier this month that despite his agreeing to hand it back the money was still in his bank account.

Finance Minister Brian Lenihan was angered by revelations that the former INBS chief was paid a €1m bonus last November, weeks after the bank guarantee was introduced.