The Taoiseach is defending the contact he made with an AIB official to inquire about transactions under investigation by the Mahon Tribunal.
Jim McNamara told the tribunal that Bertie Ahern contacted him this year to ask about particular lodgements being investigated by inquiry, told Jim McNamara to tribunal.
Mr. Ahern was marveling what conclusive evidence the bank had that three specific lodgements made in the 1990s were foreign exchange transactions.
Mr. McNamara accepted that it was a very unusual request from the Taoiseach.
India’s biggest cigarette maker, ITC zoomed 8.93% to Rs 165.85 and topped gainers in ‘A’ group shares on the Bombay Stock Exchange (BSE). It gained on speculation that a noteworthy enhancement in cigarette sales may improve the company’s income this year. ITC will declare Q1 June 2007 results on 27 July 2007. The other performers of the day include Mastek, Pidilite Industries, Thermax, Housing Development and Infrastructure.
On securing a Rs 1,829-crore order today, Bharat Heavy Electricals galloped about 8.61% to Rs 1,790.
Nearly 3.06 lakh shares had traded on the BSE counter.
In intra-day trade today, the Bharat Heavy Electricals (Bhel) stock also struck an record high of Rs 1,798 after it secured a Rs 1,829-crore order for fabricating and establishing three 500-MW thermal power units in Haryana.