Irish Times / Politics.ie: NAMA foxes advising NAMA henhouse


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?:

Advertisements
This entry was posted in Accountability, Bankers' Bailout, Budget, Economy, Housing Bubble, ireland and tagged , , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s