Sean Fitz applies to build house in Burnaby

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The Burnaby, Greystones

Ex-Anglo Irish Bank chairman Sean FitzPatrick has applied for planning permission for a new house to the rear of his Burnaby home.

According to Wicklow County Council’s online planning section, Mr FitzPatrick and his wife Catriona want to demolish a single-storey, fire-damaged dwelling known as Meadow Garden and replace it with a two-storey, four-bedroom house with a new entrance at Farm Lane at the back of their existing home.

The FitzPatricks want to build external terraces at ground and first-floor levels along with a garden. They are looking to include parking spaces for two vehicles next to the property.
The couple retained their home, Camaderry, next to Greystones Golf Club on Whitshed Road despite Mr FitzPatrick being declared a bankrupt in 2010 with debts of €147m and assets of just €47m in the wake of the collapse of Anglo Irish Bank. A decision is due on January 21.

Meadow Gardens was valued at €550,000 by Mr FitzPatrick when he filed for bankruptcy in 2010, according to his statement of affairs outlining his assets and liabilities.

FitzPatrick was acquitted on criminal counts of allegedly misleading Anglo’s auditors about tens of millions of euro in loans concealed from the public

Court records showed that Ms FitzPatrick was entitled to a share of the cash held in bank accounts jointly held with her husband. Her share amounted to more than €1.1m in June 2010.

Official assignees, the court-appointed officials who manage a bankruptcy estate, can sell the bankrupt’s interest in their home to their spouse if they are not using funds belonging to the bankrupt.

Property Registration Authority records show that Ms FitzPatrick bought her husband’s share in their jointly owned home from Mr FitzPatrick’s official assignee Chris Lehane for €430,000 in May.

The property along with Meadow Garden was transferred from Mr Lehane to Ms FitzPatrick the same month, according to Registry of Deeds records filed the following month.
The transfer took place after Ms FitzPatrick settled her legal action against the official assignee claiming that she was entitled to €6m of her husband’s assets.

In May 2017 Mr FitzPatrick was acquitted on criminal counts of allegedly misleading Anglo’s auditors about tens of millions of euro in loans concealed from the public between 2002 and 2007.

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