Builders bid to buy back NAMA assets

BAILED-OUT developers are trying to buy back their assets from NAMA at cut- rate prices, Taoiseach Enda Kenny has warned.

Mr Kenny expressed concern that some major property speculators who off-loaded their loans onto the taxpayer are attempting to get their land and buildings back at knockdown prices.

“I have had some indications of attempts to acquire property that was taken from developers through a variety of methods,” the Taoiseach said.