Anglo refuses to say if it can force Fingleton to return €1m bonus

ANGLO Irish Bank has refused to divulge if it has any leverage to force former Irish Nationwide Building Society chief executive Michael Fingleton to give back a €1 million bonus and watch worth €11,500 given to him on his retirement.

Anglo chairman Alan Dukes said Mr Fingleton should return the watch and bonus immediately, but admitted they did not have a legal basis to recover them.

Mr Dukes refused to say if there was “any” leverage they could use to secure the return of the “utterly inappropriate” cash and “gift”.