The significance of the State’s sprawling investigation into Independent News and Media (INM) is suggested in some of the the numbers. High Court inspectors are not like examiners or receivers: they are not sent in to take control of the business, they are simply investigators. Finally, the court inspectors will turn their attention to the alleged conduct of some of the “dramatis personae” listed by Kelly on Tuesday. Kelly accepted that appointing inspectors would damage INM, but he rejected MacLennan’s assertion that it could cause INM to go bust. It is thought by sources to be unlikely that the INM inspectors will seek desks inside the company’s premises.

Source: The Irish Times September 07, 2018 04:51 UTC