Lenihan Saved As Bank Boss Resigns ; Casey Bows to Pressure From Government [Eire Region]

Daily MailFebruary 14, 2009

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Summary


SHAMED banker Denis Casey finally resigned as chief executive of Irish Life& Permanent yesterday as the fallout from the e7.5billion dodgy deposits in Anglo Irish Bank continued.

IL& P's board had declined an offer from him to resign on Thursday night, but changed their position yesterday after coming under intense pressure from the Government.

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Lenihan Saved As Bank Boss Resigns ; Casey Bows to Pressure From Government [Eire Region]

The resignation offered some temporary relief for Finance Minister Brian Lenihan, who himself faced calls to quit this week after admitting he had not read the section of a banking report that outlined the potentially fraudulent transaction. But

Mr Lenihan w...

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