The High Court has reserved judgment on a challenge by a building company, its director and his wife to orders directing that details of their bank accounts be produced to the chairman of the Flood tribunal.
In judicial review proceedings before Mr Justice Geoghegan, Bovale Developments Limited, Fitzwilliam Square, Dublin, and company director Mr Michael Bailey and his wife Teresa, of Killamonan House, The Ward, Co Dublin, have sought a number of reliefs, including the quashing of orders made by the tribunal chairman, Mr Justice Flood, directing Bank of Ireland to hand over details of their accounts.
The tribunal chairman's orders of production and discovery in respect of the accounts were made on February 26th and March 12th last. The applicants have secured a temporary High Court injunction restraining the bank from complying with the orders.