The High Court has made a judgment against former Fianna Fail Councillor Gerard Killally and former Offaly football manager Richard Connor for €4.6m.
It follows an action taken by National Irish Bank which, the court heard, is owed that amount by the two men.
Neither of the men were in court today, but the court was informed that they would not be defending the action.
Mr Connor has already admitted making secret profits from land deals in Offaly.
His co-accused, Mr Killaly, claimed he did not disclose the profits to his partners because he was legally advised there was no obligation to do so.
Court makes €4.6m order against former FF man - National News, Breaking News - Independent.ie
Another FFer covers himself in glory in the High Court.