Nama denies supporting Quinlan’s plush lifestyle

Nama has said it is not contributing to the plush lifestyle of the stricken developer Dermot Quinlan.

The tax inspector turned development tycoon has seen his empire subjected to receivership proceedings by Nama and the agency has begun enforcement proceedings against him.

However, he has reportedly relocated to a €4,000-a-week home in a rich London neighbourhood and retained the trappings of wealth.