EMBATTLED industrial relations troubleshooter, Phil Flynn agreed to step down as a non-executive director of an overseas property company yesterday.

THE financier at the centre of the massive money-laundering investigation set up six new companies in the past year but does not appear to have carried out business in any of them.

A Government adviser tonight resigned from a number of key positions after he was embroiled in a multi-million Euro money-laundering investigation.

The position on a Government body of a union troubleshooter embroiled in today’s massive money laundering probe was in doubt tonight, Taoiseach Bertie Ahern said.