Bank seeks €18.5m from widow of developer

BANK of Scotland has been granted repossession of three properties in its bid to recover over €18.5 million in debt from a woman.

The High Court heard yesterday that the women’s husband had died and the lender was seeking possession of the family’s properties and lands in Co Wexford.

Some €15.6 million had been borrowed by the deceased man in a bid to buy and develop properties prior to his death in 2007.