Three firms set up during trip to Bulgaria

FURTHER details of Government troubleshooter Phil Flynn’s business interests in Bulgaria with Cork moneylender Ted Cunningham emerged last night as interest in the affair grows in Sofia.

Mr Cunningham, who was arrested last week after gardaí found £2.3 million hidden in a compost bin in his garden, travelled to Bulgaria with Mr Flynn and four others between January 22 and 29 this year.

During the trip, the men, who stayed at the Crystal Palace Hotel in the university district of Sofia, opened two new bank accounts and registered three new companies with the Bulgarian authorities.