Fingleton faces day in court over €1m bonus

Former Irish Nationwide boss Michael Fingleton is facing court proceedings to have the €1m bonus he received in 2009 taken off him.

Fingleton faces day in court over €1m bonus

The civil action being brought by the special liquidator for IBRC may also see Mr Fingleton sued for a portion of his pension pot, which had stood at €27m when he retired, but which is believed to have been substantially reduced since then.

The former chief executive and four other former executives also face action over their management of the financial institution, which had to be nationalised at a cost of €5.4bn to the taxpayer.

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