The asset is tied to Michael Lynn, who was convicted in December 2023 of stealing about €18 million from six financial institutions, including INBS, during the Celtic Tiger era. Photograph: Collins CourtsThe special liquidators of Irish Bank Resolution Corporation (IBRC) have put the company’s final property asset on the market: a Dublin 4 apartment once owned by disgraced former solicitor Michael Lynn. IBRC housed the remains of Anglo Irish Bank and Irish Nationwide Building Society (INBS), after both were nationalised during the financial crisis. Anglo Irish Bank and INBS required a combined €34.7 billion bailout before they collapsed. The IBRC liquidators have so far handed over €360 million of surplus cash to the exchequer from the wind-up.

Source: The Irish Times November 14, 2025 07:30 UTC