David O’Shea, founder of the collapsed BlackBee Investments group, has denied a series of decisions weakened investors’ security in an €11 million commercial property bond, which defaulted after a failed sale of the underlying asset in Blackrock, south Dublin. On the second day of his cross-examination by lawyers for joint liquidators Luke Charleton and Alan Large of EY, the focus shifted away from a forestry bond to Block 2 in Blackrock Business Park, a key commercial property investment made by BlackBee in 2019.  Built in 2003, its location was described in the Cork-based investment firm’s marketing material as a prime…

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