Casey resignation 'first step', says Lenihan

Finance house Irish Life & Permanent tonight bowed to pressure from the Government, accepting the chief executive's resignation.

Casey resignation 'first step', says Lenihan
Fri, 13 Feb, 2009 - 18:50

Finance house Irish Life & Permanent tonight bowed to pressure from the Government, accepting the chief executive's resignation.

The IL&P board initially refused to accept Denis Casey's wish to quit following a scandal over an apparent €8.2bn deposit in its troubled competitor, Anglo Irish Bank.

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CourtsBank guarantee schemePlace: DublinPerson: CaseyPerson: LenihanPerson: Denis CaseyPerson: Finance MinisterPerson: Brian LenihanPerson: Sean FitzpatrickPerson: Gillian BowlerPerson: Peter FitzpatrickPerson: David GantlyPerson: BowlerPerson: Patrick NearyOrganisation: Finance house Irish Life & PermanentOrganisation: IL&POrganisation: Anglo Irish BankOrganisation: Irish Life and PermanentOrganisation: PricewaterhouseCoopersOrganisation: Anglo-Irish BankOrganisation: Ireland's Financial RegulatorOrganisation: Central BankOrganisation: IL&P BoardOrganisation: AngloOrganisation: Department for FinanceOrganisation: Permanent TSBOrganisation: IL&P.Organisation: Financial Regulator
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