The co-owner of the five-star Merrion Hotel in Dublin, the Hastings Hotel Group, last year returned to a pre-tax profit of £679,674 (€786,977).
Two Israeli-Canadian businessmen brothers, and two Irish men, were behind an “enormous fraud” in which a Dublin-registered company was used to cheat investors out of some €4m in an electronic trading scam, the High Court heard.
Taxpayers have recouped €558m this week from the cost of the bank bailouts just over a decade ago, with cash from a sale of AIB shares and recovered funds from Nama,