Sean Mulryan’s Irish unit Ballymore Properties Holdings pays directors €295,000

One of Ireland’s best known developers, Sean Mulryan last year shared a pay-pot of €295,458 with two other directors as losses mounted at a number of his Irish firms.

The Co Roscommon man’s UK business has made a strong recovery in the last couple of years and the UK arm has recorded stellar pre-tax profits of £154.9m (€217m) last year after a number of exceptional gains.

However, new accounts filed by a number of Mr Mulryan’s Irish firms to the end of March last year show they have some distance to go before they match the massive profits of Ballymore Properties Holdings Ltd in the UK.