Watchdog seeks to limit ex-NIB chief’s future posts
The application arises from the findings of the court-appointed inspectors’ report into the tax evasion scandal at the bank in the 1990s.
Yesterday, the Director of Corporate Enforcement told the court there was “a catastrophic failure of governance” during Mr Lacey’s tenure as chief of NIB and he must bear ultimate responsibility for “very serious wrongdoing” by the bank.
