Company sues Ivor Callely and wife over €2.9m outstanding on loans for property investment

Former junior minister Ivor Callely and his wife Jennifer are being sued in the Commercial Court by a finance company over €2.9m outstanding on loans to them in 2013 for property investment.

Everyday Finance DAC is seeking judgment against Mr Callely, Howth Road, Killester and Jennifer Callely, St Lawrence Road, Clontarf, both Dublin, arising out of €2.4m in loans advanced to them by AIB to purchase investment properties. The loans were sold to Everyday Finance in 2018.