Court to decide on O’Reilly appeal

A bank seeking to recover debts from Tony O’Reilly has no evidential basis for seeking a court order that the businessman make further disclosure on his assets, the Court of Appeal has heard.

Mr O’Reilly is appealing a High Court decision last June granting AIB an order for discovery in aid of execution of a €22.6m judgment entered against him last year in favour of the bank.

His total indebtedness to AIB stands at around €15m.