"He gave instructions for Anne to be chained and took no action to prevent the beatings she had received, failing to provide any training or supervision for the staff member responsible for her, " he said.

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The European Union and the United States have taken some legislative action, followed by a broad agreement reached last month at the Basel Committee for Banking Supervision that should be finalized by the end of this year.

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However, the police advised it could take no action because there was insufficient evidence of criminality and there had been "systematic errors" with the supervision of Red Sky contracts by NIHE.

BBC: 'Weaknesses' in NIHE contract management

However, the police advised it could take no action because there was insufficient evidence of criminality and there had been "systematic errors" with the supervision of Red Sky contracts by the executive.

BBC: Red Sky