Bank manager loses suspension challenge

A bank manager accused by her employer of applying a higher than normal interest rate to a €100,000 savings account held by her parents has failed in a legal challenge to her suspension.

Ulster Bank claimed that, at one point, it was believed that up to 10 times the correct rate was obtained by Clodagh Kinsella’s parents.

Ms Kinsella, of Collegewood Park, Clane, Co Kildare, was suspended on full pay in May 2015 to allow an investigation be carried out, the High Court heard.