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

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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