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Bankruptcy trustees continue to chase Bernard McNamara’s €6m pension fund

Judge declines to rule on whether contribution to builder’s pension was ‘excessive’

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Bernard McNamara

Bernard McNamara

Bernard McNamara

The trustees responsible for carrying out the bankruptcy of boomtime builder Bernard McNamara have appealed a ruling by the UK High Court that decided he can hold on to a €6m pension fund.

The bankruptcy trustees, when contacted by the Sunday Independent, did not rule out challenging as excessive the size of the single one-off payment made to establish McNamara’s Simcoe pension scheme in 2002.


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