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Witness was amazed by £141m pledge

Terry Masters continued in the witness stand today, with question from the prosecution focusing again on the level of knowledge that he had of the reinsurance contracts between Independent, Ireco and Lureco, writes Sarah Hills .

When asked what he knew of the status of the reinsurance contracts between Independent and Ireco and Lureco, Mr Masters said he was aware that Mr Bright had signed that contract – Contract F - and

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