AIB moves on certain O'Reilly assets

AIB has appointed a receiver over certain assets of Brookside Investments, an investment vehicle controlled by the former billionaire Anthony O’Reilly.

Former billionaire Anthony O’Reilly

By Roisin Burke

AIB has appointed a receiver over certain assets of Brookside Investments, an investment vehicle controlled by the former billionaire Anthony O’Reilly.

EY, the Irish accountancy firm, has been installed as receiver over the certain assets of the company, it has emerged. It comes just days after the bank obtained a €22.6 million judgement against the tycoon.

Brookside Investments is owned by Indexa Holdings, a Cypriot company controlled by O’Reilly. It ...