Nama has appointed a statutory receiver to assets belonging to Limerick-based property companies controlled by developers Joe Hanrahan and John Shee.

AN investment company controlled by developer Sean Lyne recorded a loss of €6.6 million in 2010 before a receiver was appointed, new data shows.

AFTER an inter-county career which earned him All-Ireland medals with Kerry, Declan O’Keeffe was looking for a footballing outlet to keep him in shape in Clare where he was stationed as a garda.

A NUMBER of property development companies co-owned by well-known Limerick businessmen, Joe Hanrahan and John Shee recorded combined losses of over €12 million in 2009, new accounts show.