Former NIB executive given time to file affidavit

A High Court judge has given more time to a former National Irish Bank executive to file an affidavit in proceedings brought …

A High Court judge has given more time to a former National Irish Bank executive to file an affidavit in proceedings brought against him by the Director of Corporate Enforcement.

The director, Paul Appleby, is seeking orders under Section 160 of the Companies Act 1990 aimed at restraining eight former NIB executives or officials from being involved in the management of any company.

Yesterday, Mr Justice Peter Kelly was told the bank has disclosed additional documents to the solicitor for one of the eight, Dermott Boner, Chesterfield Avenue, Castleknock, Dublin, and that he required extra time to examine the documents.

The judge gave Mr Boner until April 28th to file an affidavit and said the case would be mentioned again on May 4th.

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In a separate case arising from the same proceedings, the judge was told that solicitors for Frank Brennan, Ardglass, Dundrum, Dublin, had received a letter from the director seeking voluntary discovery of four categories of documents last Friday.

The judge was subsequently informed that a response to the director's request would be furnished by March 16th, and he put the case in for mention again on March 20th.

The eight former NIB directors or officials at the centre of the proceedings are: Jim Lacey, Pine Haven, Grove House Gardens, Blackrock, Co Dublin; Barry Seymour, Beaumond, Amersham, Bucks, England; Mr Boner; Michael Keane, Corr Castle, Howth, Co Dublin; Mr Brennan; Tom McMenamin, College Grove, Castleknock, Dublin; Patrick Byrne, St Helen's Road, Booterstown, Co Dublin; and Kevin Curran, Avondale Court, Blackrock, Co Dublin.