Anglo trial: Lending on borrowed time

Prudence went out the window in the run-up to 2008, an expert witness told the Anglo trial last week. Philip Connolly and Siobhan Brett report.

6th April, 2014

I can only do this based on my past experience. Based on my past experience, I would not have approved that facility.

The jury in the Anglo trial heard evidence last week from a former director, board member and head of lending at Ulster Bank; a man who had no direct dealings with Anglo Irish Bank at all.

Tom Reid, a banking expert from the North (40 years with Ulster Bank, once a head of...

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