A High Court judge has delivered a withering dismissal of “nonsense” claims that Charles Allen Sr made to a Georgian property signed into his mysterious trust.

Trust leader Charles Allen Sr was back at Lotamore House in Cork last night after the High Court released him from custody and he rejoined supporters who had occupied the Tivoli Road estate following his arrest on Monday.

A court hearing for Charles Allen has been arranged for today after issues which led to an earlier postponement were overcome.

Trust leader Charles Allen is expected to spend a second night in custody as it now looks unlikely that his High Court hearing can be arranged for today.

The leader of a mysterious trust, which thousands of debtors believed would protect €2bn worth of assets, has been arrested after moving into one of the properties signed into his organisation.

A PAIR of very large, formerly grand Victorian semi-detached houses on 1.4 acres at Cork’s Montenotte are for sale after the company that had planned to develop them for a private secondary school got into difficulties.

Substantial Georgian home has a price cut, down to €850,000, Tommy Barker reports.

The elegant, 210-year-old Lotamore House on 14 acres with views of Cork city’s marina was a guesthouse for 20 years. It’s price of €1.3m (it previously sold for €3-4m) reflects the cost of upgrading.