Tony O’Reilly home sold for €7.4m

Businessman Tony O’Reilly’s former Irish home in Kilcullen, Co Kildare, was sold for €7.4m last January, a court has been told.

The bulk of the proceeds of the sale of ‘Castlemartin’ has gone towards reducing his personal debt to AIB to around €14.3m.

However, the Commercial Court was also told that AIB wants to cross-examine Mr O’Reilly in court as to whether he has any other means of satisfying the €22.6m judgment entered against him last June.