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Rush-Lusk Credit Union.

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Comments

  • #62
    martinn123
    Registered Users, Registered Users 2 Posts: 2,300 ✭✭✭martinn123


    I am intrigued as to why the Central Bank, went to the trouble and expense of applying to the High Court for an order preventing an individual from holding any position in a Financial Institution.

    Having been named, it's not like any Bank was about to offer the person a job.

    Seems like they like to ensure the stable door is well and truly bolted and locked after the event

    Perhaps the state funds should be applied to bringing charges against the people involved.


  • #63
    LeoB
    Registered Users, Registered Users 2 Posts: 4,254 ✭✭✭LeoB


    martinn123 wrote: »
    I am intrigued as to why the Central Bank, went to the trouble and expense of applying to the High Court for an order preventing an individual from holding any position in a Financial Institution.

    Having been named, it's not like any Bank was about to offer the person a job.

    Seems like they like to ensure the stable door is well and truly bolted and locked after the event

    Perhaps the state funds should be applied to bringing charges against the people involved.

    While IIsee your point, They may not be offered a job but I think the central bank have bigger worries than a credit union at the moment. The central bank, regulator and their own standards need a lot of scrutiny and some of them should be prosecuted for what they have done to people. I think it is far more serious than the bad management of the credit union.


  • #64
    martinn123
    Registered Users, Registered Users 2 Posts: 2,300 ✭✭✭martinn123


    About time.

    https://www.rte.ie/news/dublin/2020/1210/1183716-credit-union-investigation/


  • #65
    billyhead
    Registered Users, Registered Users 2 Posts: 9,918 ✭✭✭billyhead


    martinn123 wrote: »
    About time.

    https://www.rte.ie/news/dublin/2020/1210/1183716-credit-union-investigation/

    4 years later. Must have been a big file against her.


  • #66
    Wishbone Ash
    Registered Users, Registered Users 2 Posts: 25,000 ✭✭✭✭Wishbone Ash


    martinn123 wrote: »
    ...Having been named, it's not like any Bank was about to offer the person a job....
    No, but presumably it would also rule out the person setting themselves up in a self-employed capacity in the financial sector (e.g. a money lender).


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  • #67
    LeoB
    Registered Users, Registered Users 2 Posts: 4,254 ✭✭✭LeoB


    All gone quiet again. Surprised charges were not brought against this person but from what I hear it would be bad practice charge more so.


  • #68
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    The mills of justice grind slowly:

    https://www.rte.ie/news/courts/2022/0707/1308956-anne-butterly-court/



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