Former INM chair Leslie Buckley passed inside information to Denis O'Brien, but did not breach law, High Court inspectors' report shows

The High Court inspectors were appointed on September 6, 2018 following an application from the ODCE, which had made a preliminary investigation into allegations made by INM's then former CEO Robert Pitt, and Ryan Preston, its chief finance officer, about Mr Buckley's conduct as INM chairman.

While the inspectors' report criticized Mr Buckley's conduct on various issues, it did not find evidence to support allegations that he violated company law or sought to use INM resources for the benefit of Mr O'Brien to the detriment of other shareholders.

Mr Buckley's disclosure of confidential information to Mr O'Brien post-August 2016 was deemed non-compliant with INM's policies and a signed memorandum's terms, despite his assertions that this action was not unlawful.

Read at Irish Independent