It may have just become too awkward at those dinner party tables, or maybe there’s a cash flow problem, but it would appear that Sean FitzPatrick’s Burnaby home has just been sold.
Which may not come as all that much of a surprise, given the former Anglo Irish Bank chairman’srecent financial and legal woes.
Having been arrested for the first time on March 18th, 2010 at his Greystones home, Camaderry, it wasn’t until the former bank chief’s third arrest, on July 24th, 2012, that FitzPatrick was charged with 16 offences by Gardaí attached to the Office of the Director of Corporate Enforcement relating to his role in advising on and lending millions to a golden circle of investors to falsely inflate Anglo’s share price. On May 23rd, 2017, after the ODCE’s investigation methods were found to be flawed, the judge directed that FitzPatrick be acquitted on all charges.
Which was all a bit O.J. Simpson for some people, and it meant that the Burnaby’s most notorious resident has been laying low ever since.
And now we’ve just discovered on Property Price Register that FitzPatrick’s fine Camaderry on Whitshed Road has beensold. For €430,00.
Which means Seánie – who was declared bankrupt on July 12th, 2010 – can now almost afford to buy himself a little three-bedroom down at Marina Village.
The mind boggles just how such a house – is there a mini-Camaderry hidden in the garden? – in such an illustrious estate could sell for such a low figure, with that PPR site noting ‘The price shown does not represent the full market price of the property concerned for a variety of reasons. For example, the price declared may reflect the retention of an interest in the property by the previous owner, or the fact that a part or fraction only of the property is being purchased’.
Ah, so perhaps it’s just one partner selling their half of the house to the other? Either way, no diggity, no doubt there’s most likely a good reason behind it all.
Just, you know, not necessarily a completely sound reason…
Update: Documents released in August reveal that Seán’s wife, Catriona, bought her husband’s half of the house from his bankruptcy trustee, Mr Lehane.
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.