Nama trying to bully and bulldoze me over €77m -

Businessman Harry Crosbie has accused Nama of trying to "bully" and "bulldoze" him and will ask the courts next week to try and stop it enforcing a €77m judgment against him.

Michael McDowell, for Mr Crosbie, told Mr Justice David Keane yesterday he wants a stay on the judge’s decision that Nama is entitled to the €77m summary judgment. The stay is sought pending the outcome of separate proceedings initiated by Mr Crosbie against the agency after it moved for that summary judgment.

Mr Crosbie claims he has a “solemn” and enforceable agreement with Nama, set out in an August 2012 letter from his solicitor, Liam McCabe. In consideration for giving Nama security in various assets, Mr Crosbie claims the alleged agreement restrains certain actions by the agency, including moving against his family home, his son’s home, and a business carried on by his wife.