Irish Mail on Sunday's £160,000 libel

Associated Newspapers must pay €225,000 (£160,000) after settling a libel action in Dublin. A story published in October last year by the Irish edition of the Mail on Sunday falsely alleged that former Smart Telecom chief Oisin Fanning had been charged with fraudulent conversion and that he engaged in a "playboy lifestyle". The paper, realising its errors, did apologise the week after publishing the article. But Mr Fanning felt it was not a good enough recompense for his distress. (Via Irish Independent)