NAMA gives up hope of recovering Grehan assets

NAMA has given up hope of recovering hundreds of millions of euro owed by the two Grehan brothers who set land-price records at the height of the boom.
NAMA gives up hope of recovering Grehan assets

The state’s recovery agency asked the High Court to appoint receivers to a wide portfolio of business and personal assets belonging to Ray and Daniel Grehan.

A precise figure on the value of the loans has not been revealed.

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