Investor launches High Court action against Nama

A High Court action is being brought against the National Asset Management Agency (Nama) after a receiver was appointed over lands in Clonmel, Co Tipperary.

Investor launches High Court action against Nama

A High Court action is being brought against the National Asset Management Agency (Nama) after a receiver was appointed over lands in Clonmel, Co Tipperary.

The investors, who borrowed around €655,000 from Anglo Irish Bank, say their right to redeem the mortgage has been frustrated and blocked by the move.

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