Former Shell director replaces Flynn

BANK of Scotland has moved swiftly to fill the gap of chairman of their Irish business following the sudden departure of Phil Flynn.

The bank has appointed Ron Garrick as its new chairman after Mr Flynn quit the bank last Friday night.

Mr Flynn is a director of Chesterton Finance, the Cork company under investigation by gardaí as part of alleged money-laundering activities. Mr Flynn, whose home and offices were searched by gardaí, has denied any wrong doing.