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Posts Tagged ‘Nama’

NAMA PAY DEAL

Developers are still sitting pretty according to reports in a couple of the papers. “Builders get Nama pay deal” in The Sunday Times reports that the top 10 developers – who owe billions to the state and whose assets have transferred to Nama – will be allowed to pay themselves up to €200,000 salary a year and hold on to their homes while their property assets are worked out over the next five to 10 years.

JOHNNY RONAN

Property magnate and renowned bon viveur Johnny Ronan commands widespread coverage across news and business pages in all the broadsheets as his debts – personal and corporate – are laid bare under the Nama process.

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