Anglo Irish pursues ex-quarry owners
The former owners of one of the biggest quarry operations in the country are being pursued by Anglo Irish Bank over unpaid loans, writes Ian Kehoe.
The nationalised lender has taken High Court proceedings against the three former owners of Foilmore Quarries, a stone and sand quarry on 120 acres in Cahirciveen, Co Kerry. The bank is taking the case against Kevin Reddan, Morgan Sheahan and James Riordan, who owe it about €5 million. The case is due to come before the commercial division of the High Court tomorrow.
Foilmore was the subject of a buyout in 2006,when it was acquired for...
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