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Prohibition Order For Ex-Credit Union Asst Manager

The former assistant manager of Rush Credit Union in Dublin has been banned from carrying out certai...
TodayFM
TodayFM

12:19 PM - 18 Apr 2018



Prohibition Order For Ex-Credi...

News

Prohibition Order For Ex-Credit Union Asst Manager

TodayFM
TodayFM

12:19 PM - 18 Apr 2018



The former assistant manager of Rush Credit Union in Dublin has been banned from carrying out certain jobs in the financial sector after a probe by the Central Bank.

Geraldine Harford is prohibited from carrying out any controlled functions, including pre-approval controlled functions, in any regulated financial service provider "for an indefinite period".

The order arises from a Central Bank investigation into Ms Harford's involvement in unauthorised transactions on accounts at the credit union.

Rush Credit Union is now in liquidation.

The prohibition notice was issued under the Central Bank's Fitness and Probity Regime.

But the bank says it's limited in what it can disclose due to ongoing criminal investigations.

This is the fourth prohibition notice issued by the Central Bank since its introduction.

A Central Bank review was launched following a €2m financial scandal surrounding the credit union.



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