Barry told Flood expects 'absolute co-operation'

Concert promoter Mr Oliver Barry was told today by the Flood tribunal "absolute co-operation" was expected from him after lawyers…

Concert promoter Mr Oliver Barry was told today by the Flood tribunal "absolute co-operation" was expected from him after lawyers reached an agreement on the discovery of his bank accounts.

Mr Oliver Barry

Earlier Mr Barry's solicitor said they could not comply with parts of the tribunal's order for discovery made before Christmas to disclose all bank accounts and financial transactions.

Mr John O'Connor said the transactions could run into tens of thousands and there were serious practical difficulties with identifying all of them.

Mr Pat Hanratty SC for the tribunal told Mr Justice Flood Mr Barry had previously failed to disclose some of his accounts. He added that to exclude any part of the order meant the tribunal would run the risk "that accounts into which monies had been transferred would not be disclosed."

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Mr Justice Flood called for an adjournment to allow both sides to reach an acceptable formula. He stated he was unwillingly to drop any part of the order.

After discussions between both legal teams an agreement was reached. The order was divided into two parts, the first of which must be complied with by January 19th and the second relating mainly to accounts involving third parties, by January 26th.

It was also agreed to increase the threshold for the accounts previously set at £1,000 to £10,000 and limit the period of discovery from January 1st 1988 to December 31st 1991.

It was also agreed no accounts belonging to Century Radio would be included in the discovery.

Public hearings are set to resume on Friday January 24th with Mr Barry due to give evidence on January 30th - the day after he returns from a business trip to the US.

Mr Justice Flood said he was anxious to conclude this module of the tribunal as quickly as possible.