Mr Robinson was acquitted after a key witness provided evidence "not contained in their original statement".

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In fact, the rating agencies may not have looked at the bond since it was issued years ago, yet the brokerage statement carries them at the original rating.

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"Had Mr Byrne and the European Commission shown similar respect for legal detail, their original EU directive on tobacco advertising would not have been annulled by the European Court of Justice, " the FIA statement said.

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