Former Anglo Irish chief executive David Drumm borrowed money from his former employers to invest in a movie starring Colin Farrell.
The disgraced banker, who filed for bankruptcy in the U.S. last month, bought shares in a production company which was behind the film “Triage” in which Farrell played a war zone journalist.
It has emerged that Drumm (44) invested over $40,000 in Darkroom Productions Ltd in 2008.
The investment was funded through a loan from Anglo Irish Bank for over $10,000 which was due to be repaid nine months later. However, the former bank chief never paid the money back, despite securing a tax break because of the investment.
A spokesperson for the production company said they had been unaware that Mr Drumm was an investor.
"Hundreds of people can invest in a film. We generally don't know who the people are. They primarily do so to get a tax break," the spokesman said.
“Triage,” with a reported budget of $13 million, never made a huge impact at the box office.
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After living in Ireland for almost one year, this is what I’ve learned