Ben Gilroy, a founder of the political movement Direct Democracy Ireland, has told the High Court he was “invited” onto stud farm lands in Kildare and had not acted in contempt of orders restraining interference with bank-appointed receivers to the lands.

Letters sent by the fugitive leader of a mysterious property trust to a bank in relation to a €51m development loan have been dismissed as “nonsense” in the High Court.

A threat of jail continues to hang over Ben Gilroy, a founder of the political movement Direct Democracy Ireland, over alleged contempt of court orders restraining trespass and interference with receivers appointed over a stud farm lands in Co Kildare.

The fugitive organiser of a mysterious property trust has set up shop north of the border after looking to assert control of assets linked to €2bn worth of distressed loans.