Businessman's bid to prevent sale of shares in AIB bank struck out by High Court

A businessman's bid to prevent the sale of shares held by the government in AIB bank has been struck out by the High Court, writes Ann O'Loughlin.

Mr Justice Paul Gilligan said he was satisfied proceedings brought by Mr Vincent O'Donoghue with an address at Church Street, Dublin 7 to prevent the sale of the shares could not succeed.