Neither businessman nor Sunday Business Post gave an inch in cross-examinations
The evidence in many court cases could well be split into The Good, the Bad and the Ugly, but it is unlikely Sergio Leone’s classic western film has been referenced in any previous High Court case.
Ó Braonáin did not specify which of the remaining 21 – among them developers Seán Mulryan, Derek Quinlan, Johnny Ronan and businessman Seán Quinn – should be defined as good, bad – or even ugly. The businessman said he was not self-obsessed and told McDowell: “I’m second place to you in the vanity stakes.” His belief was that the articles referred to him in a defamatory way.
O’Brien took time out from his international business interests to attend practically all of the hearing. He sat daily on a hard wooden bench opposite the jury, listening intently and was often in huddles outside court with his team of lawyers lead by Paul Meagher. His spokesman James Morrissey was also there most days.
He insisted the articles meant he was one of 22 people that “unravelled the country” which was “pretty shocking stuff” when he was not to blame for the financial crisis. He paid his interest every month, paid all his loans off, put €600 million on deposit in two Irish banks because of “a flight of deposits by multinationals” out of Ireland and, if he had to, could quickly come up with a cheque for €1 billion, he said.
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