Saturday, 13 November 2010

Former Nationwide boss in Marbella | Costa del Sol | News | The Largest English Language Newspapers in Spain

Euro Weekly News | Former Nationwide boss in Marbella | Costa del Sol | News | The Largest English Language Newspapers in Spain: "FORMER Irish Nationwide Building Society chief executive being pursued by Ulster Bank over €13.6 million in unpaid loans is staying at a Marbella apartment his creditors cannot touch. Michael ‘Fingers’ Fingleton, aged 72, was reported by the Irish Independent to be staying at one of two apartments, in his wife’s name and another relative, purchased for €1.2 million five years ago at the Hotel del Golf complex in Las Brisas golf club.
Fingleton, was spotted arriving at Malaga airport last week.
He has not yet been investigated for his part in Irish Nationwide’s 2008 collapse, which is calculated will cost the state €5.4 billion .
Former colleagues say he was the person who approved all major loans at the building society."

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