IBRC Liquidators (Partners in KPMG) get advice from the former Solicitor to Irish Nationwide Building Society telling them not to sue KPMG who were the Auditors for Irish Nationwide Building Society?
The Minister for Finance thought this was OK?
IBRC to review decision not to sue KPMG - Financial Services News | Business News | The Irish Times - Thu, Feb 27, 2014
Parliamentary question
In answer to a parliamentary question from Mr Doherty, Mr Noonan said the primary duty of the special liquidators was to the creditors of IBRC and not to KPMG. “I fully expect that the actions they take are taken in the best interests of the liquidation and I do not propose to intervene in matters such as these. As this is a matter that is currently before the courts, I am not in a position to comment any further on it,” he said.