Saturday 16 December 2017

ACC secures €5.6m judgment against director of stockbroking firm and wife

John Mulligan

JUDGEMENTS totalling almost €5.6m have been secured by ACC Bank against a husband and wife from the upmarket Abington estate in Malahide, Co Dublin.

The bank, part of Dutch-owned Rabobank, secured a judgement of almost €3m against Shane Murphy (44) with an address at 11 Abington.

He's a director and 50pc shareholder in small Dublin stockbroking firm Renaissance Financial Markets, which only this year launched a new online share-trading platform.

He is also the director of swimming pool design and installation company Watermarx as well as construction firm MLM.

The judgement by ACC was secured against Mr Murphy in a personal capacity, as was the €2.6m judgement made against his wife, Rosaleen Giffney (49). She is a director of Burrem Investments, where her husband is also a director.

Their large detached home in Abington is up for sale with a €2.1m price tag. It features a swimming pool and games room.

Abington's residents have included former Anglo Irish Bank boss David Drumm and his wife Lorraine, and it's also home to Boyzone singer Ronan Keating and his wife Yvonne.

Among Mr Murphy's previously planned projects was a six-storey apartment complex on Dublin's Dorset Street.

Irish Independent

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