Former La Stampa restaurant owner, Louis Murray, has denied in the High Court he tried to deceive the bank to whom he owed €19.8m, by not telling them that he had a "stunning penthouse apartment" in Marbella, Spain.

The owner of the former "La Stampa" restaurant in Dublin's Dawson Street, Louis Murray, was "terrified and confused" to find a bank had appointed a receiver to sell the asset just days after he believed he had entered into an agreement for the consensual sale of the property, the High Court heard.