GALWAY DEVELOPER OWES €275M TO BANKS
Date Published: 09-Dec-2009
Galway developer Tom Considine of Oranmore owes €275 million to banks, according to financial statements submitted to the High Court yesterday.
Through partnerships Mr Considine is involved in, a total of €615 million is owed.
The majority of these partnership debts involve another Galway businessman, Patrick Sweeney of Loughrea and Gerry Prendergast of Nass, Co Kildare.