Syndicate suing former FF councillor over land deal

A one-time running mate of the Taoiseach Brian Cowen is being sued in the High Court for making a secret profit of €6m on a land deal.

Syndicate suing former FF councillor over land deal

A one-time running mate of the Taoiseach Brian Cowen is being sued in the High Court for making a secret profit of €6m on a land deal.

Former Fianna Fáil Councillor Ger Killally put together a syndicate in 2006 to buy land in Co Offaly from his father in law for €10.6m.

But the court heard today that unbeknownst to the other investors, Mr Killally had already bought the land for €4.7m and was making a massive profit by selling it on to them.

He is now being sued by members of the syndicate.

More in this section

Price info
IE_180_logo
Price info

Subscribe to unlock unlimited digital access.
Cancel anytime.

Terms and conditions apply

Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.