\"\"

David Drumm

What’s in his wallet? It appears nothing at all

\"\"

David Drumm

READ MORE- David Drumm testifies in U.S. over financial assets

READ MORE- David Drumm bought six U.S. homes in last decade

What’s in your wallet? Well in the case of David Drumm the disgraced former head of Anglo Irish Bank it appears very little.

Capital One Bank have filed papers with a Boston court this week stating that David Drumm failed to pay a $14,688 bill on a credit card he received nine weeks before filing for bankruptcy in the U.S.

The latest records demonstrate more reckless loans from the disgraced banker at a time when he was unable furnish his debt.

The Irish banker listed numerous credit card debts when he filed for bankruptcy in October.

His latest installment of credit card debt shows that he received his Capital One credit card on August 9 of this year, which was only nine weeks before he lodged his bankruptcy petition on October 14th in Massachusetts.

Discovery Bank has already stated in court filings that Mr Drumm also defaulted on credit card debts totalling $2,821 just ten weeks after opening an account with them.

The former bank boss also owes money on credit cards in his name issued by AIB, Chase, and Citicards ExxonMobil.

David Drumm fled to the U.S. after resigning from his post as Chief Executive with Anglo Irish Bank in 2008.

His former employers are now seeking almost $12 million in loans owed to them which date back to his tenure with the bank.
 

COMMENTS

Log in with your social accounts:

Or, log in with your IrishCentral account:

Forgot your password ?

Don't have an account yet? Register now !

Join IrishCentral with your social accounts:


Already have an account ?

For Newsletter Subscribers – Draw for 1 Prize on December 31st.

Prize: Your Piece of Ireland – a Square of Land in the heart of the Glens of Antrim, Ireland

More details here (or you can buy a little piece of Ireland directly): http://bit.ly/1zew9ox

Terms & Conditions

Or, sign up for an IrishCentral account below:

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


Make sure we gathered the correct information from you

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


You already have an account on IrishCentral! Please confirm you're the owner.


Our new policy requires our users to save a first and last name. Please update your account: