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Over $200,000 in bank notes were found under the bathroom floor of Tom McFeely's former home. Photo by: TheJournal.ie

Over $200,000 in notes found under bathroom floor at bankrupt developer’s former home

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Over $200,000 in bank notes were found under the bathroom floor of Tom McFeely's former home. Photo by: TheJournal.ie

A former IRA hunger striker turned property developer is at the center of a new mystery after over $200,000 in bank notes was found under the bathroom floor of his former Dublin residence.

Bankrupt developer Tom McFeely is the man who built the Priory Hall apartment block in Dublin where residents were forced to quit their expensive homes due to poor building standards.

One of the residents took his own life recently as banks continue to charge them the full mortgage costs on homes they can’t live in.

McFeely, currently trying to rebuild his career as a developer, is now in the headlines again after the huge cash was found in his former home by builders working on behalf of new owner Rory Godson, a former editor of the Sunday Times.

The Irish Sun reports that McFeely was forced out of the plush pad in August 2012 and it was sold to its new owners last May.

They called police to the posh Ailesbury Road address in south Dublin on Friday afternoon when the cash was discovered by a plumber as he ripped up floorboards.

The owners then lodged the money in a Dublin city centre bank in the presence of a High Court official.

A source told the Irish Sun: “A large sum of cash was concealed under floorboards in a bathroom.

“It was securely held by the Gardai (police) until a court-appointed officer gave clearance for this money to be lodged.

“This money will be securely held until the court decides what to do with it.”

McFeely, a former IRA hunger striker, was declared bankrupt in Ireland last July having failed to convince a UK bankruptcy court that he was resident there.

He bought the Dublin 4 mansion for over $7million but it realised just $3.5million when it was sold earlier this year after his bankruptcy. 

Police say there is no suggestion the new owners were aware of the money stash when they

The Irish Sun reports that McFeely was the developer of Priory Hall death-trap apartments in the Dublin suburb of Donaghmede.

The report says as many as 300 residents were forced out when faults were discovered two years ago and have yet to receive compensation.

Priory Hall resident and campaigner Fiachra Daly took his own life in July in the face of bank demands to meet mortgage arrears and left behind a partner Stephanie Meehan and their children Oisin, seven, and Cerys, two.

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