Dunne reveals liabilities of €719m

Bankrupt property developer Sean Dunne has disclosed liabilities of €719m to the US court where he has filed for bankruptcy.

In the documents filed in Connecticut yesterday, he revealed assets worth €41m and lists €30m worth of property he owns in Ireland.

Mr Dunne filed for bankruptcy in the US in March of this year after Ulster Bank started legal proceedings here in Ireland to try to recover a debt of €164m.