Sign in

€7.2bn Anglo transaction 'had no commercial substance', jury is told

A €7.2 bn transaction between Anglo Irish Bank and Irish Life and Permanent had no commercial substance because Anglo's asset profile didn't change, a jury has heard.

€7.2bn Anglo transaction 'had no commercial substance', jury is told

Tue, 01 May, 2018 - 18:20

By Sarah-Jane Murphy

A €7.2 bn transaction between Anglo Irish Bank and Irish Life and Permanent had no commercial substance because Anglo's asset profile didn't change, a jury has heard.

CONNECT WITH US TODAY

WHATSAPP

NEWSLETTERS

NOTIFICATIONS

Be the first to know the latest news and updates

more courts articles

€7.2bn Anglo transaction 'had no commercial substance', jury is told

UK government welcomes Supreme Court ruling on Troubles legacy legislation

€7.2bn Anglo transaction 'had no commercial substance', jury is told

Rangers player Dujon Sterling fined after he admits drink-driving

€7.2bn Anglo transaction 'had no commercial substance', jury is told

Trans activist wanted to ‘shame Graham Linehan into an apology’, court told

More in this section

Garda stock

Motorcyclist dies following crash in Co Wexford

School classroom scene with kids learning in background

Parents call on ministers to address ‘failures’ at special school amid principal abuse claims

Close up of woman receiving botox injection in lips

Lack of legislation around injectable aesthetics 'glaring public safety failure'

<p>A Spanish Civil Guard officer inspects the area where passengers from the MV Hondius cruise ship are expected to arrive at the port of Granadilla in Tenerife (Manu Fernandez/AP)</p>

Plans in place to bring Irish passengers on hantavirus-hit ship ship home, officials say

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

© Examiner Echo Group Limited