THE wife of a business tycoon shocked potential bidders at an auction of her €4million home when she pointed out serious flaws in the mansion.
Joan Nagle, who is married to Payzone founder John Nagle, intervened at the auction in Dun Laoghaire, pointing out that the €1million ventilation system 'never worked', the infinity pool was faulty, and eight doors in the house flew off the hinges in high winds.
The luxurious home on Killiney Hill Road in Dalkey sold for €4m on Wednesday despite Ms Nagle's protestations. It was once valued at €12m but had a guide price of €2m when auctioned by Lisney on Wednesday.
Mrs Nagle told the auction room she did not want to interfere with the sale, but wanted to highlight problems with the property. She defied auctioneers when asked to stop, asking bidders whether they would like her to continue.
The 8,400 square-foot mansion boasts a tennis court, four-car garage, a wine storage room, a gym, and panoramic views of Killiney Bay to Bray Head, and the Wicklow mountains.
The bidding for Mrs Nagle's former home started at €1.5m, rising to €4m when it was bought by a solicitor on behalf of a client.
Mr Nagle was sacked as chief executive of Payzone in 2008 after a boardroom row. And two years ago, he was sued by Bank of Ireland Mortgage Bank over a €5m home loan taken against their other Dublin residence in Shankill to buy Paddock Hill.
The Nagles bought a house on the Killiney Hill Road site in 2004 for €4.85m, which they demolished and replaced with a new Miami-style home.
They moved into the home in 2007, but were unable to live there due to 'substantial design defects', the High Court heard.
They went back to live in their former house in Falls Road, Shankill which they had mortgaged to pay for the new home.