‘Bank was totally dishonourable,’claims Gilmartin

AIB BANK would “absolutely deny” talking to anybody about former developer Tom Gilmartin’s business, lawyer Richard Nesbitt SC told the Mahon Tribunal yesterday.

Mr Gilmartin, aged 73, has alleged the bank passed on information about his affairs and was in collusion with other parties. As a result, no stone was left unturned to put him out of business after he had given the bank details of his involvement in a Northern Ireland project.

He described a train of events in the early 1990s that saw him facing a £6.5 million tax demand in England, declared bankrupt and losing control of the west Dublin development he initiated at Quarryvale.