The man who bailed out Haughey

WHEN Charles Haughey was elected leader of Fianna Fáil on December 7, 1979, he had a dark secret.

The man who bailed out Haughey
Fri, 17 Mar, 2006 - 00:00
Ryle Dwyer

He was over £1.1 million in debt to Allied Irish Bank, which had been putting intense pressure on him.

In talks with his accountant Des Traynor, it was agreed “that there was only one way to deal with the matter and that was to clear the debt totally”.

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CourtsPlace: RahenyPlace: KinsealyPlace: BritainPlace: IrelandPlace: LimerickPerson: HaugheyPerson: Charles HaugheyPerson: Des TraynorPerson: TraynorPerson: Patrick GallagherPerson: PatrickPerson: MattPerson: Matt GallagherPerson: GallagherPerson: TaoiseachPerson: GallaghersPerson: Donogh O’MalleyPerson: O’MalleyPerson: Liam LawlorPerson: PJ MaraPerson: Dick SpringEvent: Arms CrisisOrganisation: Fianna FáilOrganisation: Allied Irish bankOrganisation: AIBOrganisation: Merchant BankingOrganisation: Gallagher GroupOrganisation: CruiseOrganisation: Merchant Bank
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