British tax fraudster sues IBRC over mansion sale
Bhandal wanted £75m – but Nama got £35m
A convicted tax fraudster in Britain is suing the Irish Bank Resolution Corporation over losses on an €85 million super-mansion in Surrey.
Baljit Singh Bhandal, also known as Barry Bhandal, purchased the 103-room Updown Court with the help of a £14 million (€15.8 million) loan from Irish Nationwide.
He is thought to be seeking to be made a creditor of the liquidation of the state-owned bank, which comprises the former Irish Nationwide and ...