An application by AIB for summary judgment of €6m against a woman who, with her late husband, acted as co-guarantors of loans used to acquire properties including a shopping centre has been admitted to the fast track Commercial Court list.

The leader of a mysterious trust, which thousands of debtors believed would protect €2bn worth of assets, has been arrested after moving into one of the properties signed into his organisation.

BAR staff at a Dublin pub started a three-day picket outside the premises yesterday after they were told that their numbers were to be cut and they would all have to re-apply for their jobs.

BOGUS non-resident account holders were the biggest payers in the latest Revenue Commissioners name-and-shame list of tax defaulters which netted €43.1 million for the Exchequer.