Fresh Nama probe over private Crosbie warehouse deal

State paying €750k a year to rent high-security Dublin Port warehouse said to have sold for €2m

30th October, 2016
Harry Crosbie

Nama will be quizzed in the new year about an ‘off market’ deal for a high-security warehouse in Dublin Port used by the state to store drugs and illegally trafficked goods.

Debts on the property, which was originally built by the Dublin developer Harry Crosbie, were transferred from AIB into Nama when the economy crashed. In 2012, it was sold to Dublin Port Company, which continues to operate it today.

The rental income from...

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