Nama legal boss warned ‘aggrieved’ debtors could hurt reputation
Third party warned Nama that housing market ‘dysfunctional’ and Central Bank rules ‘onerous’
The National Asset Management Agency’s head of legal warned at a board strategy away day last March that the state property agency faced the risk of “significant reputational damage” from “aggrieved” debtors and others.
In notes from the meeting which took place in the Herbert Park Hotel in Dublin 4 on March 9 2016, Aideen O’Reilly, Nama’s head of legal, noted “that there were no disincentives on the part of aggrieved debtors/third party vested...
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