Middleweight Andy Lee has inked a deal to fight Detroit veteran Darryl Cunningham in Washington DC next month.

THE former chairman of Bank of Scotland (Ireland) Phil Flynn, was — it has been alleged — a director and shareholder of the money-lending business operated by one of the accused in the Ted Cunningham money laundering trial.

THE Cunningham Group of building companies has lost a central claim in its marathon legal action against First Active after a judge yesterday rejected a claim of fraud against the bank in its dealings with the group.

A BUILDING company in the Cunningham group of companies — Kanwell Developments — has argued before the High Court that the Revenue Commissioners has wrongly withheld €1.3 million allegedly due to it in VAT repayments by setting off those monies against the liabilities of other companies.

SHARES in First Active fell by over 3% to 4.75 in Dublin yesterday.