Nama finds €352m Quinlan Private loan sale was within rules

Nama finds €352m Quinlan Private loan sale was within rules

Loans were sold for just over €26 million to Clairvue-Nantes

A Nama internal review of a deeply discounted sale of €352 million of loans linked to boomtime property investment company Quinlan Private did not breach the agency’s rules, according to documents given to the Oireachtas Public Accounts Committee.

Nama undertook a legal review of the 2012 loan sale late last year on foot of complaints by some members of the PAC and allegations made in the Dáil by the independent TD Mick Wallace that the...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post