Ex-Smart boss fights €8m repossession

FORMER Smart Telecom chief executive Oisin Fanning is opposing a bid by a bank to take possession of his home because of an alleged failure to keep up payments on an €8 million loan, the High Court heard yesterday.

Anglo Irish Bank has brought proceedings against Mr Fanning seeking that he and his partner Pearl Roche deliver up possession of Forenaghts House which stands on 24 acres near Naas, Kildare.

Ms Justice Elizabeth Dunne will give her decision on the bank’s application on Thursday.