It is the prosecution’s case that Mr Lynn obtained multiple mortgages on the same properties, in a situation where banks were unaware that other institutions were also providing finance.

The charges over the investments arose in relation to 2007 loan facilities from Anglo Irish Bank, which was succeeded in title by the NALM, to Mr McNamara for €1.2 million and GBP £6 million.

Mr Kearney claimed Davy, while acting as his agent in the sale to what he was assured was a third party, had in fact sold them to the partnership which went on to make a secret windfall profit from the onward sale

Belfast-based property developer Patrick Kearney is to formally settle his case against J & E Davy and 16 of its former employees over the 2014 onward sale of his Anglo Irish Bank bonds

The former Anglo-Irish Bank building also reaches to seven storeys, but the gross floor area of the new scheme will be 50 per cent more than what is currently in place rising from 14.068 sq m to 21,219sq m.

Irish Life granted planning permission for seven-storey officeblock despite concerns of private ' club and Cantor Fitzgerald

A High Court action taken by the former Anglo Irish Bank against its pre-financial crash auditors over 10 years ago has been settled

Businessman Patrick Kearney alleges former Davy stockbrokers employees misled him over the onward sale of bonds he had held in Anglo Irish Bank

Bank of Ireland, the country's largest bank by assets, was the only lender to avoid majority State ownership during the bailout