From the “We are not making this up” category – (Irish Times) Court told that Nama adviser owes €69m:
A DUBLIN solicitor whose firm advises Nama is, with his wife, being pursued by Bank of Ireland in the Commercial Court for some €69.5 million over unpaid property loans and guarantees.
Brian O’Donnell and Dr Mary Pat O’Donnell, Gorse Hill, Vico Road, Killiney, Co Dublin, and companies in which they have shareholdings, are alleged by the bank to have extensive additional borrowings of some €800 million with other financial institutions across several jurisdictions.
Mr O’Donnell’s practice of Brian O’Donnell Partners, Merrion Square, Dublin, is among the firms contracted to provide legal advice to the National Assets Management Agency (Nama).
Also, Politics.ie – Should NAMA debtors be barred from acting as NAMA advisors?: