The Independent Trial Commentary
Condon defends on grounds of exclusion as Lomas reveals depression and losses
By the time you read this the jury may well have reached its verdict, but as PB went to press the Independent trial moved into its fifth month and Philip Condon took the stand to answer the charge of conspiracy to defraud directors, employees, auditors, actuaries, reinsurers, shareholders, policyholders and others involved at Independent Insurance.
Condon's defence centred on his assertion that he had been excluded from several issues, including the reinsurance contracts, and therefore could not
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