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 yesterday gave permission for the Corporate Enforcement Authority (CEA), formerly the ODCE, to publish an 868-page report compiled by Sean Gillane SC and UK solicitor Robert Fleck, who investigated a series of claims that Leslie Buckley, while he was INM’s chairman, acted improperly in ways to benefit Mr O’Brien, his sometimes business partner who was then a 29.9pc shareholder in INM.
Mediahuis bought INM and its Irish newspaper business in 2019, and Mr O’Brien and Mr Buckley no longer have any connection with the group.
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. The executives alleged Mr Buckley may have broken company law in alleged efforts to use INM resources to benefit Mr O’Brien, INM’s largest…
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