It isn’t surprising to see the clarification and apology in the “story of what have you” the Irish Times this morning, following that newspaper’s reporting of the NAMA report issued last week. The Irish Times today says sorry to Ronan King, the accountant formerly at BDO and at the helm of Property Industry Ireland.
Last week, the Irish Times claimed that NAMA had obtained a €559,700 judgment against Ronan. This is what Colm Keena’s report said:
In fact what the NAMA report said was that it had initiated a case against Ronan in Q4,2012 and that the relief sought by NAMA was “judgment in the amount of €559,700.71”.
The case hasn’t yet come before the courts, as far as I can see from the Court Service, so it was premature of the Irish Times to claim that judgment had been obtained. This morning, the newspaper says sorry.
Mind you, it remains unclear why the Irish Times is today saying “Nama (sic) has not applied for judgment against Mr King” because the NAMA report indicates that it has sought a judgment. NAMA was asked for comment on the apparent inconsistency but there has not been a response at time of writing.