Irish Daily Mail

Ex-TD Keaveney declared bankrupt

- By Paul Caffrey

FORMER Fianna Fáil TD Colm Keaveney has declared himself bankrupt – four months after losing his Dáil seat.

The 45-year-old – who is separately being sued for alleged defamation by Denis O’Brien over a speech he made in the Dáil about the businessma­n – appeared briefly in the High Court’s bankruptcy wing yesterday.

Mr Keaveney asked Ms Justice Caroline Costello to make him a bankrupt with immediate effect, and the judge agreed.

It means that his assets are now under the control of Official Assignee Chris Lehane, who oversees all Irish bankruptci­es. Mr Lehane’s office will now have the power to seize assets owned by Mr Keaveney for distributi­on among his creditors.

Details of his finances were not revealed during the hearing. However, High Court records show ACC Bank began legal proceeding­s against the politician and his wife Deirdre in 2009. After the hearing, attempts to contact Mr Keaveney were unsuccessf­ul.

Meanwhile, Mr Keaveney is himself suing Independen­t Newspapers – in which Denis O’Brien holds a 29.9% stake – claiming he was defamed in an ‘infographi­c’ accompanyi­ng a news story which he claims suggested he was part of a conspiracy to damage Mr O’Brien.

Mr Keaveney lost his Galway East Dáil seat in February’s general election. He was elected a Labour Party TD in 2011 before becoming an Independen­t, and he then joined Fianna Fáil in 2013.

 ??  ?? Hearing: Mr Keaveney
Hearing: Mr Keaveney

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