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Full coverage: NAMA

Commissions of inquiry have “mushroomed and morphed” into tribunals. What comes next?

Politicians of all parties concede that state investigations into IBRC’s sale of Siteserv and Nama’s Project Eagle have gone on too long and cost too much. So, what are policymakers going to do about it?

Ian Kehoe
12th Apr, 2022 - 5 min read

Coming home to face the music: On the run developer faces arrest over €24 million judgment debt

Limerick developer John Shee left Ireland and moved to Nice in France in early 2014 when Nama wished to cross examine him about his assets. He is now planning to return and face the court.

Francesca Comyn
4th Dec, 2020 - 4 min read

Grand designs: Paddy Kelly on resilience, vulture funds, debt and restoring Irish castles

Out of Nama, property developer Paddy Kelly has made a rare public appearance. He talks vulture funds, anti-repossession activists and how the diaspora can help the recovery. He also reveals his involvement in restoring two castles in Co Roscommon.

Tom Lyons
4th Sep, 2020 - 7 min read

A problem in Poznan: The story of the Galway developer, Nama and the Polish court battle

The fortunes of bankrupted property developer Donall Dooley and members of the Moran family, famous for their thatched seafood pub outside Clarinbridge, intertwined during the Celtic Tiger. Now Polish companies linked to them are being sued by Nama

Francesca Comyn
31st Jul, 2020 - 3 min read

To the manor born: Boundary disputes, maps and trespassers sink Cerberus property deal

International businessman Anthony Sheedy said he planned to downsize by buying a 230-acre manor estate in Waterford. But when the sale collapsed, the legal fallout revealed there was more to the deal than met the eye.

Francesca Comyn
24th Jun, 2020 - 8 min read

Code name Nantes: What really happened in €489 million Nama sale of Quinlan Private loans

There were eight Nama loan books linked to Quinlan Private – only one made a loss. What went wrong?

Francesca Comyn
23rd Mar, 2020 - 9 min read

Nama, cuckoos and vultures: How decade-old decisions on the property market have shaped Sinn Féin’s political surge

We have witnessed a historic political realignment. But it has been driven by a radical realignment of expectation from a generation who feel they are victims of a growing economic divide beyond young and old.

Ian Kehoe
10th Feb, 2020 - 5 min read

Acrimony and allegations: The O’Flynn Group, Nama and the battle with former employees over major property deals

Michael O'Flynn has accused former employees of secretly diverting business opportunities away from his companies. Now the developer is in the firing line over his firms' alleged dealings on a land deal.

Francesca Comyn
10th Jan, 2020 - 9 min read

The life and times of Michael Somers: From Middle Eastern war zones to economic battlegrounds

Michael Somers was at the heart of the Irish establishment for more than 30 years. In this candid interview a decade after his departure from the NTMA, he talks about the personalities, the controversies and the issues that defined his career.

Ian Kehoe
17th Dec, 2019 - 23 min read

Trapped in Namaland: how John Fraher was undone by a system designed to save the economy

John Fraher was a millionaire businessman who ended up in Nama as a result of the borrowings of his business partners. Within a few years, he was bankrupt. This is his story.

Tom Lyons
7th Nov, 2019 - 17 min read
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