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Priory Hall developer Tom McFeely has bankruptcy extended by five years

Former IRA prisoner turned millionaire property developer Tom McFeely has had his bankruptcy extended by almost five years
Former IRA prisoner turned millionaire property developer Tom McFeely has had his bankruptcy extended by almost five years

PROPERTY developer and former IRA prisoner Tom McFeely, who owed more than €200 million to Nama, has had his bankruptcy extended by almost five years.

The Co Derry man, who built the Priory Hall apartment block in Dublin that was later evacuated after being deemed unsafe, was due to exit bankruptcy next month but it will now run until May 2020.

The Republic's High Court said there were "very grave" failures by Mr McFeely to co-operate with the bankruptcy trustee, including failures to disclose his interest in 12 apartments in Dublin.

The 67-year-old had argued that the extension being sought was disproportionate and oppressive.

However, Ms Justice Caroline Costello ruled that the non co-operation was on the extreme end of the spectrum.

The court previously heard that he supplied a contact address in Claudy, Co Derry, believed to be his parents' former home, but was not living there.

He also sought to "dictate" where he would be interviewed.

The former IRA hunger striker, who served 12 years in prison in the 1980s for shooting an RUC officer, moved to Dublin after being released from the Maze to restart his life as a bricklayer.

He found huge success during the Celtic Tiger boom and lived in a former ambassador's residence worth more than €4m before his empire eventually crashed.

Mr McFeely was adjudicated a bankrupt in July 2012.

He was not in court yesterday to hear the granting of the five-year extension, which was reduced by two months to take into account his age.