Developers and bankers scuffle over Anglo bond

A firm co-founded by a former senior banker in Anglo Irish Bank is suing a Maple 10 developer after the two sides fell out over a coup to make millions from a bond in the taxpayer-owned bank.

The dispute gives, for the first time, an insight into just who is making a fortune from Ireland’s decision to pay out billions to the failed bank’s bondholders even after the state liquidated it.

The Sunday ...