ANGLO Irish Bank Ltd was granted an interim injunction in the High Court yesterday restraining a Sligo restaurateur from reducing his assets below £200,000.

The court was told Mr John Gerrard, who had restaurants in Market Street and O'Connell Street, Sligo, owed Anglo Irish Bank £213,331 for fast food restaurant equipment leased through the bank.

Ms Dara Foynes, for the bank, said the restaurant in Market Street had been sold. When a representative for the bank went into the O'Connell Street premises he found that two cash registers, the property of the bank, had been vandalised and were on the floor.

Eight tables and 53 chairs were missing and the serial numbers had been removed from items of catering equipment, preventing them from being identified, he said.