Vincent O’Donoghue loses bid to stop 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 bid to prevent the sale of Government-held AIB shares in the Court of Appeal, reported on 14 June 2017. The appeal court upheld the High Court’s dismissal of his action against AIB and the State.

The court also ordered Mr O’Donoghue to pay AIB and the State’s legal costs. The report said his case sought declarations that the proposed sale was unlawful and contrary to the common good.

This report covers an earlier stage of the case. Later developments are not reported here.