A FORMER senior AIB banker said he is “sceptical” how anyone could have concluded the final terms of an AIB €25 million loan to businessman Philip Lynch, his family and developer Gerry Conlan to buy development lands did not involve full recourse to all borrowers.

THE main insurance body for solicitors in Ireland has claimed its ability effectively to indemnify solicitors has been affected by more than €8 million losses allegedly resulting from negligent advice by Bloxham Stockbrokers about investing in atotally unsuitable bond which fell 97% in value.

Irish information service provider Conduit has been making a big push in Britain following the launch of its UK directory enquiry service in mid-March.