Drumm creditors target former banker’s $2m estate

14th January, 2015

Creditors of David Drumm, the former Anglo Irish Bank chief executive, are gearing up for a major assault on his assets, which they believe are worth between $1.5 million and $2 million.

The state-owned IBRC is finalising its strategy this weekend on how best to recover the funds from Drumm, with the bank likely to launch parallel court actions in both Dublin and Boston.

The bank is also expected to investigate Drumm’s financial position, including a major...

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