A bad month for one NAMA developer : receivers appointed and partner in legal practice before the courts on fraud charges

In February last year, NAMA had Grant Thornton appointed as receivers to Greenband Investments Limited, a company controlled by Limerickdeveloper (and solicitor) Paul O’Brien – photographed here and here – and Mary Moran. Today the Limerick Leader is reporting that NAMA has had statutory receivers appointed to three more companies associated with Paul – Kilminchy [...]

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Remember Kevin Cardiff and the €3.6bn error in the national debt?

In what was one of the most impressive displays of government at work, last November 2011, the Oireachtas Committee of Public Accounts wasted no time after a €3.6bn error was uncovered in the calculation of Ireland’s General Government Debt; within two days of the revelation, the Committee hauled before it, the three organisations involved in [...]

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NAMA makes major concession to make its accounts more transparent

Thanks to management consultant and regular commenter on here, Brian Flanagan, it seems as if NAMA is to open up its books and provide far greater information. The concession which Brian has campaigned for – through writing letters to the national press, the Committee of Public Accounts, NAMA and the EU – is that NAMA [...]

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Varadkar criticises the “misinformed and the mischievous” who oppose the €1,250m Anglo bond payment

The cynics and conspiracy-theorists might be looking out for another arrest as happened to coincide with the St Patrick’s Day visit to Washington by then taoiseach Brian Cowen  in 2010, or re-arrest as happened last November 2011 to coincide with the payment of a USD 1bn (€730m) bond at Anglo – both arrests associated with [...]

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