The National Asset Management Agency (Nama) now controls 123 hotels, 83 of which are in Ireland, the agency’s chairman, Frank Daly, told TDs last week. Daly was speaking to a meeting of the British-Irish Interparliamentary Body in Cork.
Daly told TDs that Nama had reviewed the business plans of some 40 debtors whose loans accounted for over €32 billion.
He said Nama had advanced more than €810 million of working and development capital, to ensure that...
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