Bank regarded Byrne as ‘astute and prudent’

Bank of Scotland Ireland viewed Thomas Byrne as “an astute and prudent operator” when lending him over €13m, the former solicitor’s trial has heard.

The bank regarded Mr Byrne as a “highly regarded and experienced broker with an excellent track record”. Documents presented to the court show it saw him as a “valuable connection” responsible for introducing high net-worth individuals to Bank of Scotland Ireland.

The jury heard Mr Byrne was recruited by the bank to be on its legal panel and carry out work as a solicitor for it.