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Product Description
In 1998, two seasoned RTE reporters broke a story, backed up with irrefutable evidence that the National Irish Bank (NIB) had actively abetted some of it's customers to illegally evade national taxes using an unapproved scheme involving The Clerical Medical International insurance company, and the use of numbered bank accounts. This wholly improper scheme was widely promoted through many NIB branches and was known to the bank's senior management.
Shortly after this sensational revelation Messrs Lee and Bird revealed an even more serious well documented expose, namely that senior officials of the bank had deliberately and systematically stolen money from many of it's customers by a combination of surreptitiously debiting accounts with either/or not agreed and unauthorised additional charges and interest. This underhand and dishonest practice to enhance the bank's bottom line was again endorsed and encouraged by senior executives.
The bank responded, in spite of the overwhelming documentary evidence gathered by Lee and Bird, by denying everything and launching legal action to suppress further disclosures together with intimidatory attempts to discredit RTE and its reporters. Fortunately justice prevailed and on March 1998, the Irish Government went into emergency cabinet session as a result of the RTE revelations of the serious malpractice by NIB and there was widespread disquiet and calls for a major shake-up in the way Irish banks were supervised - although with hindsight, whatever regulatory tightening up occurred could not have been very effective as it did nothing to stop the disastrous 2008 banking collapse.
All of our books are second hand, and while you may not get the exact copy shown in the picture, all of our books are in very good condition. Removing stickers from a book may damage it, so we refrain from doing so. If you see a price sticker on a book, please ignore it.
