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Wednesday, October 16, 2024

Senior executive agrees former bank managing director had no option but to resign after internal investigation

Dublin Circuit Criminal Court

Isabel Hayes and Eimear Dodd

A retired Bank of Ireland senior executive has agreed with a suggestion that a former bank managing director accused of stealing over €570,000 had “no option” but to resign following an internal investigation.

Liam McLoughlin, who was Chief Executive of Bank of Ireland’s Retail Ireland division, agreed with defence senior counsel Brendan Grehan SC that his client “really had no option” but to resign.

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