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Dublin: 1 °C Wednesday 26 November, 2014

PICS: 250 locals take back Kildare stud farm from receivers and lock them out

The farm, owned by Eugene McDermott, was to be sold by IBRC following an outstanding loan of €814,000.

AROUND 250 LOCALS in Co Kildare removed IBRC receivers from a local stud farm yesterday afternoon and locked them out.

The farm, owned by Eugene McDermott, was to be sold by IBRC, formally known as Anglo Irish Bank, following an outstanding loan of €814,000. While McDermott also owes money to Bank of Scotland, believed to be in the region of around €7 million.

On Thursday, the group, headed up by Charlie Allen of the Rodolphus Trust, padlocked themselves inside the 120-acre of Kennycourt Stud Farm in Brannockstown and parked a digger at the gate preventing gardaí and security guards working for the receivers from entering the site.

However, when locals left on Friday the security removed the padlock and the digger and moved onto the site.

At around 2.30pm yesterday afternoon, the locals gathered on the Curragh and moved in convoy to a field near the stud farm. They crossed fields and used an angle grinder to cut through IBRC’s chains on fencing.

When they got to the stud farm the two security men were told to leave and the group pushed the security men’s cars onto the road. They then returned the digger to its former position in front of the gate and padlocked it.

No gardaí were present during the takeover and McDermott, who still lives in the house on the farm, did not attend.

Here are 13 pictures from yesterday’s takeover:

PICS: 250 locals take back Kildare stud farm from receivers and lock them out
1 / 12
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Charlie Allen of the Rodolphus Trust uses an angle grinder to cut through IBRC's chains.Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Charlie Allen of the Rodolphus Trust speaks to one of IBRC's security.Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Middle Ireland on the march.Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    The group moved in convoy across Kildare fields to retake the farm.Source: Eamonn Farrell/Photocall Ireland
  • Kennycourt Stud Farm

    Charlie Allen of the Rodolphus Trust (front left with yellow waistcoat) leads about 250 people across fields to retake the Kennycourt Stud Farm in Co Kildare from receivers acting for IBRC.Source: Eamonn Farrell/Photocall Ireland

PICS: Locals lock themselves inside Kildare farm to prevent repossession>

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