Monday, October 18, 2021
UK

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.

Important:

The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply

one + fifteen =