Central Bank Played Role In Newbridge Default, Says Credit UnionKieran Ball
ValueWalk reported in November on the closure of Newbridge Credit Union, the Irish institution wound up on the orders of the Central Bank over bad debt concerns. The NCU’s savings and loans were transferred to Permanent TSB Group (OTCMKTS:ILPMY) in November at a cost of €54 million to taxpayers.
Now, affidavits made available to the public when the Central Bank sought the release of court documents related to the case, show . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible