Crosbie takes legal action against Nama

Businessman Harry Crosbie has initiated High Court proceedings against Nama in a bid to stop it chasing him for outstanding personal debts.

Mr Crosbie, who has developed the Point Village in Dublin and the Grand Canal Theatre, has claimed Nama broke a commitment it made with him two years ago.

The businessman has also claimed that Nama leaked personal information about him and his finances and he should be compensated for this.