Clegg dealings could be key in Anglo defence

Anglo may refer to a bizarre series of events in the 1990s when it explains the controversial sale of ‘golden circle’ shares, writes Richard Curran

22nd August, 2009

A bizarre sequence of events that took place at Anglo Irish Bank in the early 1990s could have some bearing on the investigations by the gardaí, the ODCE and the Financial Regulator into the placing of 10 per cent of the bank’s stock with the so called ‘golden circle’ last year.

They could also form a precedent which the bank could use as part of its defence in civil legal actions...

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