AIB’s attitude to Gilmartin ‘irregular’

ALLIED Irish Bank’s (AIB) attitude towards former property developer Tom Gilmartin in the early 1990s “appeared most irregular”, a British commercial property consultant told the Mahon Tribunal yesterday.

Richard Forman, of the London-based Connell Wilson consultancy firm, said AIB’s “aggressive” approach towards Mr Gilmartin certainly did not follow the approach he was accustomed to with other financial institutions and other projects in Britain.

An adviser to Sligo-born Mr Gilmartin on commercial property matters relating to British projects for many years, Mr Forman described Mr Gilmartin as having considerable credibility in his field.