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Lomas unaware of reinsurance contracts' contents, says defence

Dennis Lomas’ evidence in chief continued today with repeated assertions that he believed various correspondences he had regarding reinsurance contracts were in fact in relation to contracts A, B and C1, none of which are under scrutiny, reports Martin Friel.

Defence counsel, Mukel Chawla QC, asked his client if he would have accepted the terms of reinsurance contract F (the ‘payback’ contract), to which Mr Lomas replied: “I would not have agreed to it as

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