Tuesday, January 26, 2021

Former banker drops legal claims against BBC

A former banker at the centre of controversy surrounding the £1bn sale of a Northern Ireland property loans portfolio has ended his High Court action against the BBC.

Judgment was entered yesterday for the broadcaster in the lawsuit brought against it by ex-National Assets Management Agency adviser Frank Cushnahan.

Mr Cushnahan sued over the contents of two BBC Spotlight programmes into his alleged involvement in the Nama loan book sale process.

The outcome can be disclosed after a judge lifted reporting restrictions and an anonymity order imposed by the court.

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