Nama seizes properties of former Offaly FF councillor

The state's bad bank, Nama, has repossessed a string of commercial and investment properties owned by Ger Killally, the bankrupt former Fianna Fáil councillor.

10th August, 2013
Ger Killally, former Fianna Fáil councillor: owes €73 million to banks and investors. Photo: Collins

The state's bad bank, Nama, has repossessed a string of commercial and investment properties owned by Ger Killally, the bankrupt former Fianna Fáil councillor.

AIB, acting upon the instructions of Nama, has appointed receivers to a number of property partnerships and assets connected to Killally, including the so-called Edenderry partnership and Tullamore partnership. The appointments were made in recent days.

Declan Taite and Sharon Barrett, accountants with RSM Farrell Grant Sparks, have been...

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