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Full coverage: Ulster Bank

Boomtime in Bucharest, sour times in Dublin: Irish investors fallout over alleged diverted funds

In 2005, three Irish investors formed a partnership to buy commercial real estate in Romania. A €3 million bank loan was drawn down. Now one of the three, former Fine Gael donor Andrew Sheehy, claims his name was forged on the loan documents.

Francesca Comyn
1st May, 2020 - 5 min read

Fake letters, forged documents: How a Wicklow businessman became consumed by a €500m data centre

He stood in the way of Apple, racked up debt, used forged documents and a front company. Brian McDonagh has been unyielding in his ambition to build a data centre. New High Court findings suggest he will pay a hefty price.

Francesca Comyn
24th Apr, 2020 - 10 min read
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