17/01/2013

Ex-Westlife Star Keeps €40k Wedding Ring

Shane Filan has been allowed keep a diamond-encrusted wedding ring despite his bankruptcy.

The "gentleman’s platinum two-row channel set 31.41 carat baguette diamond" wedding ring is valued at almost €40,000.


The ex-Westlife star became bankrupt last June.

He owes €1.8m to the Irish Bank Resolution Corporation, €4.2m to the Bank of Ireland, €5.4m to the Bank of Scotland (Ireland) and €11.5m to Ulster Bank.

Filan’s bankruptcy trustee told The Irish Sun: "We are in the process of agreeing valuations of Mr Filan’s items of personal property so that they can be realised for the benefit of the estate."

(GK)

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