DJ finally caught for too many steps....

DJ Carey has, it seems, finally been penalised for taking one or two steps too many. Houses at the K club, Mount Juliet and chateau at some fancy Swiss resort that is familiar to RMD (in the Dragon's name) seem a long way from the Dodger's early days......But I suppose the old adage of dogs and ***** applies...

A fine hurler and generally an alright sort this, as we might say locally, was rimming it a bit....

The Commercial Court has ordered former Kilkenny hurler, DJ Carey and his partner, Sarah Newman to repay almost €9.5m each to AIB.

Lawyers for Mr Carey and for Mr Newman, a former dragon on RTÉ show Dragon's Den told the court they were not objecting to the judgment orders being sought by the bank against them.

The debt relates to a mortgage on a property at the K Club in Straffan, Co Kildare, and to guarantees each gave in respect of the other's liabilities.

The court heard that Mr Carey took out a 20-year mortgage in April 2007, secured on the property at the K Club.

The mortgage loan was for just over €8m.

Mr Carey also gave a guarantee of €1.5m in respect of Ms Newman's liabilities.

The court heard the transactions were carried out as part of a wider restructuring of Mr Carey's business.

The mortgage fell into arrears and the loan was called in March this year.

In Ms Newman's case, her mortgage loan was for just over €1.5m and she guaranteed Mr Carey's liabilities up to €7.9m.

In DJ Carey's case, Mr Justice Peter Kelly allowed a stay on the order of four weeks to allow Mr Carey an opportunity to see if he can come with proposals in relation to repaying the debt.

However in Ms Newman's case he refused to allow a stay as the bank said it may be in a position to recover some of the money by moving on Ms Newman's property interests abroad.