A businessman against whom AIB obtained a €3.48m judgement last March had transferred €820,000 and a property in the US to his wife with the intention of defrauding creditors, it has been claimed in the Commercial Court.

AIB is entitled to summary judgment for €3.48m against two Clare businessmen over default on loans and overdraft facilities, the Commercial Court has ruled.

WITH council elections fast approaching, voters should remember that never before has so little been achieved by so many.