Nama to conduct Kelly 'asset search'

The National Asset Management Agency (Nama) is to conduct a so-called "asset search" on the heavily-indebted property developer Paddy Kelly and other members of his family.

Ian Kehoe - avatar

Ian Kehoe

30th December, 2012
Property developer Paddy Kelly.

The National Asset Management Agency (Nama) is to conduct a so-called "asset search" on the heavily-indebted property developer Paddy Kelly and other members of his family.

The state agency is recruiting forensic experts to examine disclosures made by Kelly about his personal finances, his income and his assets.

Nama wants the forensic investigators to verify that Kelly has disclosed all of his assets and income streams to the agency. The review will also look at...

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