Nama firm seeks judgment against businessmen for €48.5m

A Nama company is seeking judgment against two businessmen for a total of around €48.5m over unpaid loans advanced to them by the former Irish Nationwide Building Society.

National Asset Loan Management Ltd is seeking judgment against David D’Alton, Percy Place, Ballsbridge, and Louis Scully, Rathfarnham Rd, Terenure, both in Dublin.

It seeks judgment for around €10.3m against Mr D’Alton and for around €38.2m against Mr Scully.