The High Court has reserved judgment on an application by RTE to direct National Irish Bank to reveal the names of 65 clients alleged to have been beneficiaries of a financial investment scheme introduced by the Fianna Fail TD Ms Beverly Cooper-Flynn. RTE wants the names in preparation of its defence of an action alleging libel taken by Ms Cooper-Flynn over allegations made in RTE interviews. Described as a former financial service manager with National Irish Bank Financial Services Ltd who is on leave of absence, she denies the allegations and has taken libel proceedings against RTE, the journalist Charlie Bird and Mr James Howard, a retired farmer of Acorn Way, Wheaton Hall, Drogheda, Co Louth.
RTE yesterday told the High Court it wished to subpoena all the 65 clients identified as having been introduced to and/or who purchased certain financial products through the introduction of Ms Cooper-Flynn while an NIB employee.
Also yesterday, NIB consented to an order under which it is to produce to Mr Howard all documents relating to his dealings with the bank. Mr Justice Kelly said their availability was restricted to stipulated legal teams.