State and AIB ask High Court to strike out application to prevent sale of State shareholding in bank

In addition to seeking the injunction Vincent O'Donoghue seeks a declaration from the High Court that the proposed sale is contrary to the common good and is unlawful.

The State and AIB want the High Court to strike out an application aimed at preventing the sale of the government shareholding in the bank.

The action has been brought by Vincent O'Donoghue who describes himself as a businessman with an address at Church Street, Dublin 7.