Bank of Ireland has taken legal action against Roscommon Deputy Frank Feighan according to today's Sunday Independent. Legal proceedings were started by the bank at the end of July over a loan in the region of €300,000. 

Mr Feighan told the paper that the loan related to the family business in Boyle. He also told the paper that he was confident that the case would be resolved and he was surprised that the bank had chosen to move against him for the loan. 

Mr Feighan agreed to guarantee a commercial loan when the family business - a newsagents - needed an injection in recent years. 

However the business stopped trading in 2010. 

Mr Feighan told the paper that he is managing his other properties, including properties in Roscommon, Sligo and Dublin and also in France and Bulgaria.