AG reassures Nama on McKillen legal action

The National Asset Management Agency (Nama)has received assurances from the Attorney General in relation to a legal challenge to the agency by businessman Paddy McKillen.

Ian Kehoe - avatar

Ian Kehoe

17th July, 2010

The National Asset Management Agency (Nama)has received assurances from the Attorney General in relation to a legal challenge to the agency by businessman Paddy McKillen.

The board sought clarification over McKillen’s claims that the transfer of €90 million of his loans is unconstitutional, and asked for confirmation that McKillen’s loans can be legally defined as eligible. McKillen and 14 of his companies are seeking to prevent the transfer of the loans from Bank of...

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