Irish Daily Mail

Former developer enjoyed corporate hospitalit­y at Aviva as he ‘struggled’

- By Paul Caffrey

SÉAN Dunne was spotted enjoying Ireland’s rugby victory over England in a corporate box at the Aviva Stadium in early 2015, nearly two years into the bankruptcy he describes as being ‘like a prison sentence’.

The Carlow native hasn’t lived in Ireland since 2007 and has been a US resident since 2010. By March 2013 he had successful­ly filed for bankruptcy in Connecticu­t.

Ulster Bank first asked the High Court in Dublin to declare him bankrupt over a €164million debt in February 2013 and by July 2013 the bank had succeeded.

Then in March 2014, the High Court heard that items including artworks, golf memorabili­a and personal documents were seized from a Co. Kildare property linked to him. It was told Mr Dunne may have kept valuable art behind ‘secret panels’ at the house in the Churchfiel­d developmen­t next to the K Club in Straffan, Co. Kildare, with the possible intention of taking pieces to America.

The court also heard Mr Dunne disputed any claims of a ‘false wall’ and insisted the area in question was ‘simply a storage unit under the stairs containing the sound system for the house’. He challenged the validity of the warrant used to carry out the search, claiming the applicatio­n was ‘unjustifie­d and unwarrante­d’.

Two works of art seized during the raid on a house in Co. Kildare were later returned to Mr Dunne’s wife Gayle and son John.

Mr Dunne listed debts of more than €700million during his US bankruptcy bid. He said at that time that he owed Ulster Bank around €300million.

He also claimed it was unfair to bankrupt him in Ireland in July 2013 when he’d already filed for bankruptcy in the US. During a Supreme Court bid here to overturn his Irish bankruptcy in March 2015, Mr Dunne’s lawyers accused his creditors of wanting to ‘have their American cake and eat it in Ireland’.

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