O’Brien aided Cheshire deal

THE Moriarty Report has found that Michael Lowry linked up with businessman Denis O’Brien in securing a property at Cheadle, Cheshire.

Following disclosure by Investec bank that Woodchester Bank — whose banking business it took over in 2000 — had provided stg£420,000 to fund the purchase, Mr O’Brien and Mr Lowry were both linked to the deal.

The report outlines how the transaction also involved Aidan Phelan, a business associate of Mr O’Brien’s who played a role in the Mansfield property deal and the Carysfort transaction.