Flynn quits property company

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

Mr Flynn already resigned his positions as chairman of Bank of Scotland (Ireland) and head of the Government decentralisation committee and as a director of VHI after it emerged he was questioned by the Criminal Assets Bureau (CAB) about his non-executive directorship of a company at the centre of money laundering allegations.

The chairman of Harcourt Developments, Pat Doherty, thanked Mr Flynn for serving as a non executive director and said he respected Mr Flynn’s decision to retire from the company.