Nama reviews €352m Quinlan Private loans sale

TD Mick Wallace raised questions after it emerged that the directors of buyer Clairvue-Nantes include Mark Donnelly, who is a former Quinlan employee

11th November, 2018

Nama has begun a legal review of a sale of €352 million in loans linked to property player Quinlan Private.

The review was initiated after questions were raised about the deal by independent TD Mick Wallace and members of the Public Accounts Committee (PAC).

The loans were sold to a Luxembourg-based company called Clairvue-Nantes in a loan sale code-named Project Nantes.

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