Vincent O'Donoghue loses appeal over AIB share sale

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Vincent O'Donoghue lost his appeal at the Court of Appeal on 14 June 2017 over his attempt to restrain the Government’s sale of shares in Allied Irish Banks plc.

Mr Justice Gerard Hogan held that the case disclosed no cause of action and concerned a non-justiciable political controversy. The court upheld the High Court’s decision striking out the proceedings against AIB and the State defendants, and its refusal of interlocutory relief restraining the proposed sale.