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« High hopes today for NAMAed Northern Ireland developer’s horse at Cheltenham
NAMA before the Oireachtas finance committee later today »

NAMA grounds developer’s helicopter with latest receivership

March 13, 2012 by namawinelake

Iris Oifigiuil today shows that NAMA has had receivers appointed to Dauphin 2 Aviation Limited, a Dublin company apparently associated with developer Michael Ryan. The Agency has had Jim Stafford of Friel Stafford appointed to the company which operates a Eurocopter Dauphin 2 helicopter – pictured here at Punchestown racecourse.

At least on this side of the Border, NAMA is delivering on its promise to rein in the use of yachts, Bentleys and helicopters. When will it start to apply equal treatment on the other side of the Border?

Remember you can see a comprehensive list of Irish foreclosure actions by NAMA here and in this regularly updated spreadsheet.

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