No objection to builders who went bust: Michael Noonan

There can be no objection to developers who went bust during the country’s economic collapse from playing a full part in construction and development, Finance Minister Michael Noonan has said.

He made the comments at a media briefing on Nama’s annual report, which showed that the agency last year financed a large part of all the new homes built in Dublin.

By the end of next year, Nama said it will have facilitated the completion of 4,500 new homes in the region. It funded 40% of all new housing in Dublin last year.