Browne sorry for 'Magill' article
A LIBEL action by businessman Dermot Desmond against broadcaster Vincent Browne has been settled in the High Court.
The proceedings arise out of an article written by journalist Ursula Halligan, now of TV3, in 'Magill' in January 1998, when Mr Browne was editor.
As part of the settlement, an apology was read out yesterday.
It stated: "Insofar as the article concerned gives rise to the inference or innuendo that Dermot Desmond and/or NCB were the beneficiaries of contracts awarded to NCB by the State as a direct result of, or in consideration, alleged payments made by Dermot Desmond to Charles J Haughey, this is regretted by Vincent Browne."
Mr Browne accepted the contracts were awarded on merit and that the offending statements should not be repeated.