Belfast Telegraph

Sunday 31 August 2014

A further €60,000 found in bankrupt ex-Provo Tom McFeely's former home

Tom McFeely was previous owner of the mansion in Ailesbury Road, south Dublin
Tom McFeely was previous owner of the mansion in Ailesbury Road, south Dublin

Gardai have uncovered a further haul of cash concealed in the bathroom of the former home of Northern Irish bankrupt developer and IRA hunger striker Tom McFeely.

Officers found €60,000 (£50,460) yesterday as they searched the mansion in Ailesbury Road, south Dublin.

A fingertip search was ordered by the Irish Criminal Assets Bureau after the discovery of €140,000 (£117,750) by a plumber during renovation work on the former Co Londonderry man's recently sold house.

The first sum was found under the bath on Friday and the Irish 'bad bank' Nama was immediately informed.

A search covering the entire property and grounds was initiated yesterday.

Shortly after the search began, the second find was made in the bathroom.

This haul was also made up of €50 notes (equiv £42).

Gardai said an initial examination suggested the two sums were linked and had been concealed there at about the same time.

It is not clear if the money was left by Mr McFeely, from Dungiven, and bureau officers are not likely to seek to interview him until inquiries are completed.

Nama seized the property, named Coolbawn, after Mr McFeely was declared bankrupt, and put it up for sale earlier this year for €3m (£2.5m) – it was worth €15m (£12.6m) at the height of the boom.

The house was bought by Hilary Hynes, the wife of PR adviser and former Irish editor of The Sunday Times, Rory Godson.

Mr McFeely, who admits his bank debts exceed €200m (£168m), told a court hearing less than a year ago he had only €1,160 (£975) in the bank.

While the investigation into the cash is being carried out, the former residents of Priory Hall – the housing complex built by Mr McFeely which was declared a firetrap – are still waiting for their problems to be sorted out.

Probe under way after €140,000 is found hidden under bath in mansion seized from bankrupted former Provo 

PROFILE

Tom McFeely (64), who served 12 years in the Maze Prison for shooting an RUC officer in Derry, spent 53 days without food during the 1980 hunger strike. The IRA veteran (right) famously described himself as British while trying to avoid bankruptcy in the Republic. "I have always objected to being forced into bankruptcy in a foreign jurisdiction purely on the basis I have a judgment liability in that State."

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