Former Anglo Irish Chief David Drumm traced to Massachusetts
In April 2007 a second mortgage was signed, bringing the total to $96.1 million. There were two further amendments bring the loan to $110 million and then $159 million in November 2007. Last year the loan amount was cut to $120 million where it currently stands.
McGrail appeared in court last week on eights counts in connection with the illegal removing and dumping of asbestos, four counts of evading unemployment insurance and four of failing to provide pay records. He pleaded not guilt to the charges. He faces a potential jail sentence of up to seven years and fines of up to $175,000.