Former Anglo Irish Bank director Tom Browne told the High Court he was made a scapegoat for the activities of the collapsed bank after âperformingâ loans he had with it began to be called in.
Mr Browne also said that, at the last board meeting he attended before he retired from Anglo in 2007, there were only rumours about the involvement of then-billionaire Seán Quinn in the bank and there was âno detailed discussionâ. The court heard Mr Quinn, who was later declared bankrupt, had an effective 28 per cent holding in the bank.
Mr Browne, who at one time simultaneously held the positions of head of wealth management, head of lending and head of group human resources in Anglo, said the first time he knew of a late 2007 meeting between certain non-executive Anglo directors and Mr Quinn about the businessmanâs stake in the bank his holding was in 2010. That was when he read it in the book by Irish Times journalist Simon Carswell entitled Anglo Republic: I
Richard Boyd Barrett TD: After 300 Days, Pay The Debenhams Workers
Micheál Martin TD is claiming the state has done right by them by paying €13 million in statutory redundancy
Richard Boyd Barrett speaking to media during a People Before Profit briefing on the plinth of Leinster House, Dublin (Image: Gareth Chaney/Collins)
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In the fallout from the 2011 general election, the late political commentator Noel Whelan noted in his book Fianna Fáil: a biography of the party that the party was at its lowest ebb since it was founded. It may not have marked the end of the party, but it clearly marked the end of an era that began in 1932,” he wrote.
The Micheál Martin era reaches it’s 10-year milestone on Tuesday – the anniversary of the Taoiseach becoming leader. Starting from that low base, he has returned the party to power, if not to its former glories. Martin’s impact in shaping his party goes beyond mere general election results.