Anglo sentencing hearing told legal advice was 'not positive'

A solicitor who gave legal advice to the former Anglo Irish Bank has said he did not know the bank lent money to the Maple Ten to buy its own shares, until after the deal was done.

Robert Heron, a former partner at Matheson Ormsby Prentice has also told Dublin Circuit Criminal Court that he did not give 'positive legal advice' that the bank's lending to the family of the then billionaire businessman Sean Quinn was not in breach of company law.