http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1085944395350 Sunday May 30 2004. All times are London time.
Bank of Ireland chief quits over porn
By John Murray Brown in Dublin
Published: May 31 2004 5:00 | Last Updated: May 31 2004 5:00
Ireland's banking industry was rocked by high-level resignations at the weekend with Mike Soden forced to stand down as chief executive of Bank of Ireland after admitting he used his office computer to access pornography on the internet.
His departure follows the unrelated announcement on Saturday that Tom Mulcahy, former chief executive of Allied Irish Banks, was stepping down from his current position as chairman of Aer Lingus, the state airline.
Mr Soden resigned after it emerged he had used his PC to access a porn site while trying to book a Las Vegas escort agency ahead of a business trip to the US city. He said in a statement, "the content accessed was not illegal, but did contain links to material of an adult nature". He said: "When you look at the events that have taken place, or if anybody looked at what the reason was behind it, they would say that what I have done is akin to parking on the wrong side of the street."
Mr Mulcahy had been named by an Irish newspaper as one of a group of former executives involved in alleged tax avoidance and inappropriate trading practices in the 1990s.Bertie Ahern, the Irish prime minister, yesterday said those found guilty of wrongdoing at AIB should be punished.
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