Claims Nama rejected offer of $90m for Kelleher loan

British property tycoon makes claim in €1bn court case Kelleher firm is taking against Nama

1st July, 2018
Garret Kelleher

British property tycoon Andy Ruhan has said he was prepared to repay in full a $90 million loan owed by the developer Garret Kelleher to the National Asset Management Agency (Nama) in relation to a prime site in Chicago which had planning permission to build what would have been North America’s tallest building, called the Spire. Nama, he claimed, however, rejected his offer and instead sold off Kelleher’s loans at a fraction of their full...

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