Dunne gave wife €58m to buy home

Former property developer Sean Dunne confirmed yesterday that he gifted his wife €58m to purchase Ireland’s most expensive residential home.

At the height of the boom, Walford on Dublin’s Shrewsbury Road was bought for a record price, and although it was long speculated that former gossip columnist Gayle Killilea had a financial interest, neither she nor her husband admitted this publicly.

Mr Dunne was back at the offices of US trustee Rich Coan in New Haven to face his creditors, including Nama and Ulster Bank as he underwent another day of cross-examination as part of US bankruptcy proceedings.