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Anglo's furniture goes under hammer

ANGLO Irish Bank furniture once used by the likes of former chief executive David Drumm and John Bowe is going under the hammer.

The fire sale of office tables, chairs and couches is expected to attract crowds of bargain-hunters this weekend.

Anglo wasn't known for being frugal, so only high- quality items will be on offer.

Included in the stand-out pieces is a 20ft marble top boardroom table, around which Anglo executives did business.

But no matter how much money is raised, it won't make much of an impression on the billions owed by the defunct bank to taxpayers.


The company handling the sale, Wilsons Auctions, located in Dublin's Citywest, has billed it as its largest ever unreserved liquidation auction.

The assets belonging to the liquidated Irish Bank Resolution Corporation (IBRC), formerly Anglo, will be sold from midday on Saturday.

"The sale includes boardroom tables, executive tables and chairs," said Shanta Lawlor, the agent who is handling the sale. "They're in mint condition. There are about 200 lots," she added.

Some items are being sold individually, while others will go as a table with chairs.

"There will be a bit for everybody. You can buy a desk, a round table or side units for your home or you can kit out your office," Ms Lawlor said.

She described the pieces as "beautiful" but was not sure how much money they'll fetch.

See Andrew Lynch - Page 14