Fingleton authorised quick loan for Celia Larkin

[lostexpectation]

Fingleton authorised quick loan for Celia Larkin - The Irish Times - Sat, Mar 28, 2009

IRISH NATIONWIDE chief executive Michael Fingleton personally authorised a fast-tracked loan of €40,000 from the building society last year to Celia Larkin, former partner of ex-taoiseach Bertie Ahern. The payment was connected to transactions investigated by the Mahon tribunal as part of its inquiry into Mr Ahern's personal finances.

Mr Fingleton approved a loan of €40,000 to Ms Larkin on March 4th, 2008 without the standard criteria being fulfilled initially on the loan application. Ms Larkin did not provide documents normally required by customers borrowing such loans when she applied for the money.

is really new news? just 1 and 2 together.

Mahon hears of loan to repay loan Tuesday, 3 June 2008 22:13

[conservative green]

First blast across FF's bows, more to come I'd wager.

[Ah Well]

Fingleton authorised quick loan for Celia Larkin - The Irish Times - Sat, Mar 28, 2009

Lol can you imagine seeking a €40000 loan yourself and the ummmmm inevitable protocol that would ensue?

[Digout]

And why did she need 40k so quickly?

[Digout]

The loan was provided to Ms Larkin without showing proof of her income, identification, current account statements or details of other loans she had drawn down.

Surely this is against money laundering laws?

[Digout]

Read between the lines....shocking!!!!

[Ah Well]

Surely this is against money laundering laws?

Was she an existing customer of INBS? as in if not then this indeed is seriously shocking to say the least .... shocking anyway

[an asal]

She had the backing of the Biggest CASH banker in town Bertie. He had loads of cash in that office. By the way I think she had to returne it F F ( It was a loan from them to buy her aunts house--Berti knew nothing about it-anybody recall the details?

[Simbo67]

So she went to fingers and got the money without going through proper channels so that she could repay the loan* from fianna fail. Sounds pretty doge to me, however, it might sound completely normal to fianna failers (like tonys for instance)
*The loan took more than a decade to be repaid and was only repaid once the details of the transaction was made public.

[Digout]

The loan was in her name, but the loan was for somebody else.