Harry Crosbie: Gross injustice done over €77m debt

Businessman Harry Crosbie has said a gross injustice has been done because Nama failed to honour a deal that certain personal assets would not be part of the enforcement of a judgement against him for a €77m commercial debt.

He is appealing a High Court decision last year granting the judgement to a Nama company, National Asset Loan Management Ltd (NALM).

Mr Crosbie says that while he is liable for the debt, NALM was not entitled to seek an order enforcing the judgement against his home in Hanover Quay, Dublin, his son’s home in Blackrock, Dublin, and against some of his wife’s assets.