From top: Conor O Mahony of the Office of the Director of Corporate Enforcement (ODCE): INM CEO Michael Doorly (left) leaving the High Court this afternoon
Kelly rules that ODCE’s application to have court inspectors appointed to #INM should be allowed. ODCE has produced necessary evidence that INM’s affairs may have been conducted unlawfully, in large part due to Leslie Buckley’s dealings with Denis O’Brien while he was INM chair.
— Mark Tighe (@marktigheST) September 4, 2018
The High Court has granted the appointment of inspectors from The Office of the Director of Corporate Enforcement to Independent News and Media
They may be some time.
This afternoon.
The High Court, Dublin
In a 76-page judgement, President of the High Court, Mr Justice Peter Kelly has approved the application by the Office of the Director of Corporate Enforcement [ODCE] to appoint inspectors to Independent News and Media [INM], publishers of the Irish Independent, Sunday Independent and Evening Herald.
In its application, the ODCE alleged there was a culture of deference towards INM’s major shareholder, Denis O’Brien, and it had a suspicion the affairs of the company were interfered with for his benefit.
More as they get it.
High Court Appoints Inspectors To INM (RTÉ)
Earlier: Inmcoming
Update:
Judge Kelly agrees to delay appointments of inspectors until Thursday morning.
— Mark Tighe (@marktigheST) September 4, 2018
To the shredders!