Wednesday April 1, 2020

Nama was 'misleading' and 'unreasonable' - Treasury

Treasury Holdings will this week accuse Nama of acting in a misleading, unreasonable and commercially sharp manner.

19th February, 2012

Property firm Treasury Holdings will this week accuse the National Asset Management Agency (Nama) of acting in a misleading, unreasonable and commercially sharp manner, as it attempts to stop the agency from putting a chunk of its properties into receivership.

Johnny Ronan and Richard Barrett, the two developers behind Treasury, will allege that, while Nama was in discussions with potential investors in the company, it had already decided to appoint receivers.

It is understood that...

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