The wife of financier Derek Quinlan invested in a prime site in Ballsbridge in two tranches of €5 million and €2.5 million.
Siobhán Quinlan invested her equity in the site alongside developer Johnny Ronan, who put in the same amount. Ronan bought the site from a receiver who had been appointed to the site by Ulster Bank and Nama. Debts on the site were 60 per cent owed to Ulster and 40 per cent to...
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